The Key Biscayne office needs to document this banking change: temporary check-signing limit. Which record best supports the file?
Correct Answer
B) delegation approval memo
Bank authority changes should be documented with authorization, limits, and effective dates.
Why This Is the Correct Answer
Bank authority changes should be documented with authorization, limits, and effective dates.
Why the Other Options Are Wrong
Option A: equipment title card
equipment title card puts the item in the wrong financial bucket, timing, base, or comparison for bank authority.
Option C: weather delay record
weather delay record puts the item in the wrong financial bucket, timing, base, or comparison for bank authority.
Option D: vendor packing slip
vendor packing slip puts the item in the wrong financial bucket, timing, base, or comparison for bank authority.
Memory Technique
Changes and documented point to different ledger roads for Owner Reviews.
Reference Hint
Open-book path: tab Contractor's Manual, 2025 to Business Administration, Banking Authority Records; use the stated business record or control rule to verify the answer.
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