What is the 1698 limit on checks?

• A. 100 dollars
• B. 500 dollars
• C. 1000 dollars
• D. 1500 dollars

Answer: (B)

A per-check limit is a control that keeps small payments efficient while reducing risk for larger disbursements. In this policy, the limit is five hundred dollars per check, so no single check can exceed that amount. If a payment request would surpass five hundred, it must go through the proper higher-level approval or be handled by an alternative method such as ACH or multiple smaller checks, depending on the process. This balance protects assets, makes reconciliation simpler, and prevents a single large, unchecked disbursement from slipping through. Lower limits would slow things down with too many approvals, while higher limits would raise risk and make it harder to maintain tight controls.