Asked by David Sanders on May 01, 2024
Verified
The MICR numbers are numbers and symbols and contain the nine-digit ____ number.
A) routing
B) account
C) check
D) FDIC
MICR Numbers
A line of numbers printed at the bottom of checks using a special magnetic ink; includes bank routing number, account number, and check number, used for electronic processing.
Routing Number
A nine-digit code used in the United States to identify a financial institution in a transaction.
Nine-Digit
Typically referring to a sequence of nine numbers, often used for identification purposes, such as a Social Security number in the United States.
- Understand the vital aspects and information present in checks and banking documents.
Verified Answer
ZK
Zybrea KnightMay 05, 2024
Final Answer :
A
Explanation :
The MICR (Magnetic Ink Character Recognition) numbers include the nine-digit routing number, which is used to identify the financial institution on which it is drawn.
Learning Objectives
- Understand the vital aspects and information present in checks and banking documents.