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
The exchange of information among individuals is ...
The means of making miniature copies of records for storage is ...
The machine that is used to destroy unwanted papers into unreadable pieces is ...
A good information should be ...
An example of open office in a school is the ...
The acronym NIPOST stands for ...
A filing classification in which documents are stored according to their title is ...