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3092001
Clearing Cycle
Descrição
The objective of this exam is to measure your understanding on the check/clearing cycle.
Sem etiquetas
clearing cycle
quiz set 1
quiz
Quiz por
monicalao
, atualizado more than 1 year ago
Mais
Menos
Criado por
monicalao
quase 9 anos atrás
10
0
0
Resumo de Recurso
Questão 1
Questão
Out of town checks becomes clear after 5 days.
Responda
True
False
Questão 2
Questão
BRSTN is located at the:
Responda
lower right of the check
lower left of the check
upper right of the check
upper left of the check
Questão 3
Questão
Who is the drawer of the check?
Image:
23d1783e-76c3-4d26-9e3f-3786e8042ef3 (image/jpg)
Responda
Michael dela Cruz
Filtrepreneur Franchise Inc
Questão 4
Questão
I deposited the BPI check I issued amounting to P400,000 to his EWB account. Who is the presenting bank?
Responda
BPI
EWB
Questão 5
Questão
Drawee bank has to inform the drawer for any returned check
Responda
True
False
Questão 6
Questão
Presenting bank has to inform the depositor for any returned check.
Responda
True
False
Questão 7
Questão
How many times can we deposit a check?
Responda
one
three
four
two
Questão 8
Questão
How many months does it take for a check to be considered as stale?
Responda
eight months
six months
three months
Questão 9
Questão
When can I deposit the check? (Select all applicable answers)
Image:
fb75807c-3f85-4afe-8aa8-04f3a470b1ca (image/jpg)
Responda
September 25, 2012
September 24, 2012
October 1, 2013
January 1, 2013
December 28, 2012
March 1, 2012
Questão 10
Questão
Can Veronica encash the check?
Image:
101c0927-c937-4e26-9bdf-1e2e2ba2cb34 (image/jpg)
Responda
True
False
Questão 11
Questão
Who is the drawee?
Image:
68882188-5177-41d1-a224-ce593eb4b963 (image/jpg)
Responda
BPI
Philcomsat Holdings Corporation
Luis K. Lokin, Jr.
Veronica Nepomuceno
Questão 12
Questão
What is the account number?
Image:
dd23d994-66c0-4764-9426-41175b64403c (image/jpg)
Responda
0000309381
010041897
3763010529
112
Questão 13
Questão
What is the check number?
Image:
d4e4279a-8a1d-471c-b17f-5f0f6c2c0659 (image/jpg)
Responda
0000309381
010041897
3763010529
112
Questão 14
Questão
BPI is the presenting bank
Image:
279481cd-8f90-4169-adfe-954b35b1ca68 (image/jpg)
Responda
True
False
Questão 15
Questão
Banks can still forward physical checks to PCHC even if it's already 5:45pm, at a cost of P10,000.
Responda
True
False
Questão 16
Questão
I issued a check amounting to P143,685,000.00 yesterday. My available balance as of yesterday was only P143,000,000.00. Compute for the RCOCI charges.
Responda
3,575
715,000
4,575
716,000
3,592
718,400
718,600
719,400
719,600
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