The Osprey startup has this bank-control issue: bank requires formal authorization. Which setup item should be prepared?
Correct Answer
D) account authority resolution
Banking authority and electronic payment controls should be documented before funds move.
Why This Is the Correct Answer
Banking authority and electronic payment controls should be documented before funds move.
Why the Other Options Are Wrong
Option A: permit card banking setup log
permit card banking setup log puts the item in the wrong financial bucket, timing, base, or comparison for bank authority setup.
Option B: submittal sample tax registration packet
submittal sample tax registration packet puts the item in the wrong financial bucket, timing, base, or comparison for bank authority setup.
Option C: daily weather note ownership review memo
daily weather note ownership review memo puts the item in the wrong financial bucket, timing, base, or comparison for bank authority setup.
Memory Technique
Banking and electronic point to different ledger roads for Controller Sets.
Reference Hint
Open-book path: tab Contractor's Manual, 2025 to Banking authority and electronic payment controls; verify the startup duty, registration, or financial setup before answering.
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