A check guaranteed by the bank, written on the bank's own account, and signed by a cashier. Individuals may be required to pay for items with a Cashier's Check when purchasing costly items.

🎲 Try a Random Question  |  Total Questions in Quiz: 57  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
NOCTI Advanced Accounting Review — practice the complete quiz, review flashcards, or try a random question.


1. A check guaranteed by the bank, written on the bank's own account, and signed by a cashier. Individuals may be required to pay for items with a Cashier's Check when purchasing costly items.