what is the difference between cheque and draft
- 34 Answers
- 117297 Views
- Bank Of America, Bank of Baroda, BoA, MBA, State Bank Of India SBI, I also Faced
- E-Mail Answers
Answer Posted / tejas joshi
Cheque is a personal undertaking to make the payment to
payee or any person as the payee may require whereas DD is
the bank guarantee to honour the draft sum to payee
specified on the DD which is prepaid to bank by drawer.
| Is This Answer Correct ? | 9 Yes | 7 No |
Post New Answer View All Answers
What is the purpose of meeting in audit?
what audit procedure i can do in the share capital account of a company and why it have been apply?
What is an audit process?
What do you mean by vouching?
When should a company sack its auditor?
Why a company or firm should carry out the audit related work.
what is the difference you can make by doing your course in the country of your choice
How to Computation Advance Tax For First Quarter
How does an internal audit differ from an external audit?
who is the auditor and his deautis
What are the objectives of internal audit?
hi friend i have selected in ssc cgle as accountant in audit department. can anyone tell about the work of accountant in audit department?
What is audit control procedure?
central exices
is replacement of DVD writer come under fixed assets. I think that it cannot increase earning capacity or it cannot any separate identity.please clarify me
