When a cheque is issued, the party being paid the cash is referred to as the:
A) drawer.
B) bank signatory.
C) payee.
D) depositor.
Correct Answer:
Verified
Q17: A strong computer firewall is an essential
Q36: In the following situation, which internal control
Q37: Which of the following describes the internal
Q38: In the following situation, which internal control
Q39: In the following situation, which internal control
Q44: For added security, businesses generally prefer to
Q45: The remittance advice or copy of a
Q52: Journal entries must be made to record
Q56: The cash balance in a company's general
Q71: An outstanding cheque is a cheque issued
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents