Cheques
Authored by Chad Miguel
Business
9th - 12th Grade
Used 1+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A post dated cheque is one which is dated?
No later than 6 months ago
To agree with the date of the document requesting payment
By the bank on the day the cheque is presented for payment
For payment at a future date
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following types of cheques allows an individual to receive cash on demand.
Open
Crossed
Certified
Banker's
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following may cause the bank to dishonour a cheque
Correct Signature
Correct amount in words and figures
Incorrect Signature
Valid Date
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
ALL of the following are types of cheques EXCEPT:
Open
Crossed
Banker's
Post Dated
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
This refers to when the cheque has been issued.
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
The name of the recipient of the cheque.
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
The money value being paid out in words and figures.
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