Which of the following is a disadvantage of using checks as a means of payment?...
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Accounting
Which of the following is a disadvantage of using checks as a means of payment? A There is a maximum dollar amount for which checks may be used. B Checks are seldom accepted for small to moderate purchases. C All the paper shuffling required to process checks is costly D Checks are only accepted by businesses sharing a bank with the check writer.
Which of the following is a disadvantage of using checks as a means of payment?
A There is a maximum dollar amount for which checks may be used.
B Checks are seldom accepted for small to moderate purchases.
C All the paper shuffling required to process checks is costly
D Checks are only accepted by businesses sharing a bank with the check writer.
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