Which one of the following is true of a signature​ card?         A. It is the same as a deposit receipt and acts as a proof of the deposit transaction.   B. It can be used as a debit card.   C. It can only be used for bank accounts of​ individuals, not for the bank accounts of businesses.   D. It shows each authorized​ person's signature for a bank account.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 15MC: Which of the following items are found on a book side of the bank reconciliation? A. beginning bank...
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Which one of the following is true of a signature​ card?
 
 
 
 
A.
It is the same as a deposit receipt and acts as a proof of the deposit transaction.
 
B.
It can be used as a debit card.
 
C.
It can only be used for bank accounts of​ individuals, not for the bank accounts of businesses.
 
D.
It shows each authorized​ person's signature for a bank account.
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