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Categories >> Accounting >> Audit
 


 

 
Question
What is a cheque
 Question Submitted By :: Audit
  I also faced this Question!!      
Answer Posted By  
 Answers were Sorted based on User's Feedback
Answer
# 1
a bill of exchange drawn on a specified banker and payable
on demand 

Is This Answer Correct ?    100 Yes 28 No
suresh kumar
 
Answer
# 2
Cheque is a negotiable instrument. It can be purchase or
sold through bank by a account holder to a bank. 

Is This Answer Correct ?    54 Yes 26 No
vijaya kumar
 
 
Answer
# 3
when the cheque issued then it comes under the nagotiable
instrument act 1981 , and cheque issued by a holder for a
demand by the public and bankers , Cheque can be bounce and
can be a refund by the banker for a many way.like a sign
mismatch , not suffcient balance in the account holder, etc. 

Is This Answer Correct ?    36 Yes 15 No
vikas baheti
 
Answer
# 4
A cheque is issued by a person from his personal account.
The bank will not honour the cheque if sufficient balance
is not there in your account. 

Is This Answer Correct ?    27 Yes 14 No
naga srinivas
 
Answer
# 5
a cheque is a negotiable instrument signed by a drawer
instructing a bank to pay on demand to a named payee or a
berrer an amount written
on the face of the cheque. 

Is This Answer Correct ?    10 Yes 4 No
peter abubakari
 
Answer
# 6
A cheque is a negotiable instrument signed by a drawer
instructing a bank to pay on demand to a named payment or a
berrer an amount written.a bill of exchange drawn on a
specified banker and payable
on demand.Check is just a paid or paper throught to collect
the money and its issue a banker to facilate our account
holder.Cheque is an Instrument to payments for state to
state by easier way.A cheque is issued by a person from his
personal account.
The bank will not honour the cheque if sufficient balance
is not there in your account.when the cheque issued then it
comes under the nagotiable
instrument act 1981 , and cheque issued by a holder for a
demand by the public and bankers , Cheque can be bounce and
can be a refund by the banker for a many way.like a sign
mismatch , not suffcient balance in the account
holder.Cheque is a negotiable instrument. It can be
purchase or
sold through bank by a account holder to a bank. 

Is This Answer Correct ?    11 Yes 5 No
ashley
 
Answer
# 7
a cheque is a written order istructing a financial
intitution(bank)to pay a spicific amount of money on demand 

Is This Answer Correct ?    8 Yes 2 No
dayali
 
Answer
# 8
It is a negotiable instument which uses for making payments.
It is drawn on a particular bank for particular amount. The
bank may make payment either on demand or beerer of that
cheque. 

Is This Answer Correct ?    8 Yes 5 No
lalitha
 
Answer
# 9
a cheque is an instrument used to recieve or pay money
specific sum of to a bank but is supervised under porper
security. 

Is This Answer Correct ?    6 Yes 3 No
ashley-joe fisher
 
Answer
# 10
it is an instrument, by means of whick adepositor can order
the bank to pay a certain sum of money only the order of a
person or to the bearer of the instrument. 

Is This Answer Correct ?    19 Yes 18 No
sathyam.konda
 

 
 
 
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