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A check for which a maker's bank account has inadequate money to pay the check is known as a(n). A. nonsufficient funds check B. outstanding

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A check for which a maker's bank account has inadequate money to pay the check is known as a(n). A. nonsufficient funds check B. outstanding check OC. restrictive check OD. canceled check Which of the following items must be examined by the controller or treasurer before signing a check? A. the confirmation report OB the journal entry the purchase order OD the ledger The Sarbanes-Osdey Act has stiff penalties for violators including O A 20 years in prison for an executive making false sworn statements B. 25 years in prison for securities fraud Cboth A and B OD neither AB The amount loaned and borrowed is O A. principal O B. principal plus interest O C. interest OD. principal less interest

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