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Home Interview Accounting and Finance Comments

  • Question
  • What is ?Crossed Cheque? ?


  • Correct Answer
  • A crossed cheque indicates the amount should be deposited into the payees account and cannot be cashed by the bank over the counter Here in the image, number#2, you can see two cross-lines on the left side corner of the cheque that indicates crossed cheque 


  • Accounting and Finance problems


    Search Results


    • 1. What are the different types of Loans offered by banks?
    • Discuss
    • 2. What is ILOC (Irrevocable Letter Of Credit) ?
    • Discuss
    • 3. What is SLR rate?
    • Discuss
    • 4. What opportunities does a financial downturn present to financiers?
    • Discuss
    • 5. Managerial accounting information is generally prepared for

    • Options
    • A. creditors
    • B. regulatory agencies
    • C. shareholders
    • D. managers
    • Discuss
    • 6. Bad loans in banking terminology are generally known as

    • Options
    • A. NPA's
    • B. Prime loans
    • C. BPO's
    • D. Prime Assets
    • Discuss
    • 7. Job cost sheets constitute the subsidiary ledger for the
    • Discuss
    • 8. All of these are exemptions from local real property taxes EXCEPT :

    • Options
    • A. Low-income homeowner's exemption
    • B. Homeowner's exemption
    • C. Veteran's exemption
    • D. Senior citizen's tax exemption
    • Discuss
    • 9. Explain What is the difference between debenture holders and creditors ?
    • Discuss
    • 10. Which of the following is the oldest Joint Stock Bank of India ?

    • Options
    • A. Patiala Bank
    • B. Punjab National Bank
    • C. Bank of India
    • D. Allahabad Bank
    • Discuss


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