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Should church chairman of trustees be authorized to sign checks?
Wiki User
∙ 15y ago
The answer depends entirely upon the set up of the church. Many formal denominations are very specific in how the financials are handled. In general, common accounting practices would say that people that can authorize money to be spent cannot be the ones that sign the checks. There should always be checks and balances to prevent anyone even thinking there could be a problem.
Wiki User
∙ 15y ago
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The person authorized to write checks on an account is called?
The person authorized to write checks on an account is called the account holder or account operating customer. He/she is the only person authorized to write checks on that account. Nobody else can do so. (In case of a joint account, all holders of the account can write checks)
What is payroll signature?
A payroll signature is the authorized signature for payroll checks.
Checks should always be written with?
Checks should always be written in pen.
A person authorized to write checks drawn on a checking account at a bank must sign and have on file with the bank a?
A signature card
Does a bank require a signature of the person authorized to sign checks be on the signature card?
true A+ users that's all I know
What should you do with old checks?
Old checks should be destroyed by shredding. Shredding old checks will ensure that the account information can not be stolen.
What should checks always be written in?
Checks should always be written in ink; preferrably blue ink.
What is the Federal Reserve Chairman's Salary?
Chairman's annual salary is $191,300. The annual salary of the other Board members (including the Vice Chairman) is $172,200 This though does not include the money received in bonus checks from the major financial firms in the United States. Examples include Goldman Sachs, JP Morgan, and AIG.
Voided checks should be recorded in the journal?
no
What computer checks should a business do?
Businesses should do multiple computer checks on their employees. They should do a background check to make sure they are not wanted criminals for any reason at all.
Can a pastor ask to sign a blank check?
Limited signers. Access to a church checking account should be limited to a few individuals. Having more than one signer is very helpful when the treasurer is on vacation or unavailable. But church pastors should not be authorized to sign checks. That would be a serious breach of good internal control
Where can I find cheap business checks?
You should be able to order checks for your business from the bank that your business account is at. If you tell the teller you need to order new checks they will give you a form.
