The Lauderhill startup has this bank-control issue: check signer powers must be documented. Which setup item should be prepared?
Correct Answer
B) bank mandate file
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 ownership review memo
permit card ownership review memo puts the item in the wrong financial bucket, timing, base, or comparison for bank authority setup.
Option C: submittal sample office launch checklist
submittal sample office launch checklist puts the item in the wrong financial bucket, timing, base, or comparison for bank authority setup.
Option D: daily weather note bonding support file
daily weather note bonding support file puts the item in the wrong financial bucket, timing, base, or comparison for bank authority setup.
Memory Technique
Bank Authority ledger for Controller Sets: put banking in the right drawer.
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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