when must you sign a deposit slip? a. you must always sign a deposit slip. b. you only need to sign a…
when must you sign a deposit slip? a. you must always sign a deposit slip. b. you only need to sign a deposit slip when receiving cash. c. you only need to sign a deposit slip when using an atm, rather than depositing at the bank. d. you never need to sign a deposit slip. your account information is enough. please select the best answer from the choices provided a b c d
Answer
Brief Explanations:
In banking, when depositing cash, you need to sign a deposit - slip to authorize the transaction and provide identification. When using an ATM, there is no need for a signature on a deposit - slip as the ATM transaction is authenticated through your card and PIN. And just account information is not enough when depositing in person at the bank.
Answer:
B. You only need to sign a deposit slip when receiving cash.