Accounting JAMB

The process whereby a cheque received by one person is given to another is known as?
The process whereby a cheque received by one person is given to another is known as?The process whereby a cheque received by one person is given to another is known as?

A. cheque crossing
B. payment in cheque
C. cheque transfer
D. cheque endorsement

Correct Answer:

Option C – cheque transfer

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