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Types of Cheques

Authored by Delerese Knowles

Business

9th - 12th Grade

Used 13+ times

Types of Cheques
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8 questions

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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

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