A. order cheque
B. open cheque
C. crossed cheque
D. bearer cheque
Correct Answer: Option D
D. bearer cheque
Explanation
Bearer cheque is payable to the bearer i.e whoever presents it. It is cashed over the counter without having to be endorsed by the person presenting it.
300 Level Department of Accountancy exam questions and detailed answers. Download the answers in document format.…
300 Level Department of Accountancy exam questions and detailed answers. Download the answers in document format.…
300 Level Department of Accountancy exam questions and detailed answers. Download the answers in document format.…
300 Level Department of Accountancy exam questions and detailed answers. Download the answers in document format.…
300 Level Department of Accountancy exam questions and detailed answers. Download the answers in document format.…
300 Level Department of Accountancy exam questions and detailed answers. Download the answers in document format.…