Types of Cheques

Quiz
•
Business
•
9th - 12th Grade
•
Medium
Delerese Knowles
Used 12+ times
FREE Resource
8 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A cheque with no lines drawn across it.
Crossed
Bearer
Open
Dishonoured
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A cheque with parallel lines drawn across it. It means that the cheque cannot be cashed but must be deposited into a bank account.
Crossed
Bearer
Open
Dishonoured
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Anyone who carries this cheque into the bank can cash it.
Crossed
Bearer
Open
Stale
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A cheque that is signed over to a third party.
Endorsed
Bearer
Post-dated
Stale
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A cheque that is more than 6 months old.
Endorsed
Bearer
Post-dated
Stale
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A cheque that is dated for a date in the future.
Endorsed
Bearer
Post-dated
Stale
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
This is a cheque that has already been cleared by the bank and is returned to the drawer or owner of the chequing account.
Endorsed
Cancelled
Dishonoured
Stale
8.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
This is a cheque that is not accepted by the bank.
Endorsed
Cancelled
Dishonoured
Stale
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