Future Business Leaders of America (FBLA) Accounting Practice Test

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Prepare for the FBLA Accounting Test with practice quizzes and comprehensive questions. Each question is designed to help deepen your understanding and enhance your readiness for the exam. Are you ready to excel?

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What does it mean to void a check?

  1. To cancel a check after writing it

  2. To write the word void across the top of the check

  3. To make the check transferable

  4. To endorse a check incorrectly

The correct answer is: To write the word void across the top of the check

Voiding a check typically involves marking it in a way that indicates it is no longer valid for payment. Writing the word "void" across the top of the check is a clear and commonly accepted method of doing this. This action prevents anyone from cashing or depositing the check, ensuring that it cannot be processed by the bank. It is important for record-keeping and prevents any potential misuse of the check that has been rendered invalid. While the act of cancelling a check could refer to stopping its payment, simply writing "void" provides a tangible way of indicating that a specific check is not to be honored, making option B the most accurate representation of the process of voiding a check.