True or False: Any check taken as payment must first be verified under the check verification list before tendering the transaction.

The correct answer is true because verifying a check under the check verification list is a crucial step in ensuring the legitimacy of a check before completing a transaction. This process helps protect the business from potential losses due to bounced checks and fraud.

By checking the details of the check against the verification list, cashiers can confirm that the check writer has sufficient funds and that the check has not been reported as stolen or counterfeit. This verification is a standard practice in many retail environments and serves as a safeguard for the business, ensuring that payments are valid before goods or services are exchanged.

The need for this verification applies to all checks, regardless of the amount or whether they are from in-state or out-of-state. This policy helps maintain consistency in financial transactions and minimizes risk across all customer interactions.