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WorksheetsBookkeeping Controls AAT Banking
Total questions: 10
Worksheet time: 5mins
The payee of a cheque is the person who is writing the cheque
True
False
The drawer is the person writing the cheque
True
False
The drawee is the bank upon whom the cheque is drawn (who issued the cheque book)
True
False
A cheque becomes invalid after 6 months - true or false?
True
False
A bankers draft is a cheque whereby funds are paid directly into the bank rather than into an individual’s account.
True
False
An electronic system which processes Direct Debits, direct credits and standing orders for UK banks, is called……………?
CHAPS
BACS
Standing Order
Building Society
Match the most appropriate type of payment for each scenario below:
Payment of a gas bill every month for an amount which varies
Direct Debit
Cash
Cheque
Standing Order
Match the most appropriate type of payment for each scenario below:
Buying kitchen supplies for the office (e.g.: tea, coffee)
Direct Debit
Standing Order
Cheque
Cash
Match the most appropriate type of payment for each scenario below:
Sending a payment for purchase supplies in the post to a supplier
Direct Debit
Standing Order
Cheque
Cash
Match the most appropriate type of payment for each scenario below:
Payment of water rates of a standard amount each month
Direct Debit
Standing Order
Cheque
Cash
