Match the terms in Column I with the definitions in Column II.

a signature card

endorsement

a deposit slip

an ABA number

protecting cash

A. cash deposit

B. transfer

C. identifies the bank

D. internal controls

E. authorized signature

Answer: The answer is as follows:

Explanation:

(1) A signature card - Authorized signature

A signature card contains the signature of the person who is authorized to write check.

(2) Endorsement - Transfer

An authorized signature written on the back of the check to transfer the ownership of check.

(3) A deposit slip - Cash deposit

A deposit slip refers to a slip that a depositor received after depositing the cash.

(4) An ABA number - Identifies the bank

ABA number is a number that is used by the banks to identify the financial institutions.

(5) Protecting cash - Internal controls

Internal controls refers to the procedure that is followed by the businesses to protect cash and keep reliable records.