1. Briefly outline the duties of the discount clerk.

2. When is collection and exchange charged on paper discounted? 3. When paper is accepted for discount, upon what book is it first entered? 4. Explain how to post the footings of the discount register.

5. Explain the purpose and use of the discount tickler.

6. What is the law in your state with reference to notes, etc., falling due on Sunday or a legal holiday? 7. Briefly outline the duties of the collection clerk.

8. State the sources from which a bank receives paper for collection.

9. What kind of sight paper should not be entered in the collection register? Why? 10. Explain the purpose and use of the collection register; the collection tickler.

11. Briefly outline the principal duties of the receiving teller.

12. In examining paper deposited, what are the things that should be particularly noted by the receiving teller?

13. Should paper payable to "bearer" be indorsed before deposited? Why?

14. Explain a method of classifying items on the deposit ticket.

15. On what class of checks does a bank charge collection? 16. Explain the purpose and use of the receiving teller's daily check sheet.

17. Explain the manner of proving the receiving teller's daily check sheet.

18. Briefly outline the principal duties of the paying teller.

19. When paper is presented for payment, what should the paying teller examine very critically? Why? 20. Should the amount expressed in figures on any given check differ from the amount expressed in writing, which amount would the paying teller be justified in paying? Why? 21. What is a certified check? 22. Do banks ever certify checks in excess of a depositor's account? 23. In what particulars is a check stronger after certification than it was before? In what respects is it the same? 24. What is the purpose of a certified check book? 25. Why is a bank draft better than a check for making payments out of town? Explain fully.

26. Explain fully the purpose and use of the paying teller's daily check sheet.

27. Explain the manner of proving the paying teller's daily check sheet.

28. Briefly outline the principal duties of the note teller.

29. When are bills discounted that have been sent away for collection charged to the banks to which they are sent? 30. For what purpose are notes, drafts, etc., certified?

31. In your state are notes, etc., made payable at a bank charged to the depositor's account at maturity, or is it usual for business men to pay this paper by check?

32. When is a note or other negotiable paper protested? 33. Explain the method of protesting paper.

34. What is a notice of protest? 35. To what officer are notary fees usually paid? 36. Briefly outline the principal duties of the correspondence clerk.

37. What is the purpose of the draft register? How is it posted? 38. What two books are combined in the remittance register.

39. Explain fully the purpose and use of the remittance register.

40. How is the remittance register posted? How proved? 41. Briefly outline the principal duties of the individual bookkeeper.

42. From what sources does the individual bookkeeper get his items for entry in the individual ledger? 43. Explain the use of the individual ledger.

44. How is the individual ledger proved? 45. Explain how an overdraft is treated in the individual ledger.

46. What books are generally kept by the general bookkeeper? 47. Explain the use of the general balance ledger.

48. Name all the sources from which items are obtained for entry in the general cash book.

49. Define (a) letter of credit; (b) clearing house; (c) dividends; (d) surplus fund.

50. Give a three-minute talk on clearing-house associations; on letters of credit.