what is the difference between cheque and draft

Answer Posted / adel

If you trust the payee you may accept his cheque,if not you
should ask for draft cheque as it's considered to be
prepaid money

Is This Answer Correct ?    7 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How does an internal audit differ from an external audit?

691


can external audit be seen as merely an overhead cost adding no value to the orgnisation

2683


whta is the current SBAR? Please provide the past rates from 1st january 2011 to till date.

1931


what is the difference you can make by doing your course in the country of your choice

1934


what is the accounting treatment on Putoption over own shares.?

1043






Explain how to do an internal audit effectively?

676


What is mean by error of submission? can u plz provide notes on this?

2010


How to Computation Advance Tax For First Quarter

1755


for how much loan a borrower has to submit QIS

1331


What is the mean of decommission liability?

707


How would you describe your management style

1823


What are documents need to vouch while doing sales vauching?

1006


What is external audit?

732


how to prepare the internal audit sheet ? explain me with example. (take example of LOGISTICS& SUPPLYCHAIN MANGEMENT COMPANY)

3102


What are objectives of internal audit?

717