Final answer:
The use of a UVeritech machine for verifying travelers checks and higher-denomination bills is common practice to prevent fraud, but the statement's validity depends on the specific organization's policy.
Step-by-step explanation:
The statement that 'The UVeritech machine must be used on all travelers checks, as well as any $50.00 or $100.00 bill' seems to relate to a procedural guideline for handling monetary instruments, most likely to prevent fraud or confirm their authenticity. Although the specific policy may vary by organization, the use of a UVeritech machine or similar device is a common practice in businesses that handle a significant amount of cash transactions, especially those involving higher-denomination bills and travelers checks, which are more frequently counterfeited.
Without additional context, it's difficult to declare the statement as universally true or false, but in many cases, businesses do use such machines for the aforementioned denominations as a fraud prevention measure. If this is part of a company's policy or as advised by financial institutions or law enforcement agencies, then the statement would be true. Otherwise, it might be a false statement or an oversimplification.