The implication of issuing a crossed cheque is that it ca...
The implication of issuing a crossed cheque is that it can only be
cashed at the counter
cash after six month of its issue
lodged into the current account of the payee
lodged into the fixed deposit account
Correct answer is C
Crossed cheque is payable over the counter on presentment by the payee to the paying banker, while a crossed cheque is not payable over the counter but shall be collected only through a banker.The amount payable for the crossed cheque is transferred to the bank account of the payee
Which of the following document is not used for business transaction? ...
A letter sent by Mrs. Benson to her husband by post through his office address is an example of ...
In alphabetical filing, professional titles are written ...
One of the disadvantages of oral communication is that ...
The acronym NIPOST stands for ...
The information written on a paper would be regarded as the ...
Use the diagram above to answer questions below The downward arrows shows ...
Business document are used for passing information on business transactions among ...