Asked by Misael Pereida on May 11, 2024
Verified
The _____ is the amount in numbers that the check is written for.
A) numeric amount
B) written amount
C) negotiable amount
D) drawee
Numeric Amount
A quantity or value represented by numbers, often used in the context of financial or statistical data.
Negotiable Amount
A sum of money whose value can be altered or negotiated, often in the context of financial instruments or payments.
Drawee
The entity, usually a bank, upon which a check or draft is drawn and is responsible for paying the specified amount.
- Identify the key components and information on checks and banking documents.
Verified Answer
ZK
Zybrea KnightMay 12, 2024
Final Answer :
A
Explanation :
The numeric amount on a check is the specific amount in numbers indicating how much the check is written for.
Learning Objectives
- Identify the key components and information on checks and banking documents.