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WorksheetsCheques Revision Activity
Total questions: 22
Worksheet time: 11mins
What are the three main types of cheques?
Order, closed, and open
Open, bearer, and crossed
Open, fixed, and closed
Open, dishonored, and crossed
A stale cheque is one that is no longer valid after what period from the date of issue?
1 month
3 months
6 months
1 year
What is the main purpose of "crossing" a cheque?
To allow it to be cashed at the ATM
To allow it to be cashed at the counter
To provide a means of tracing it, often by requiring it to be deposited into an account
To supply a special endorsement
Who is the "drawer" of a cheque?
The bank on which the cheque is drawn
The person to whom the cheque is payable
The person who is ordered to pay the amount on the cheque
The person who signs the cheque and orders payment
Which type of crossing is considered the safest?
Special crossing
General crossing
Double crossing
None of the above
A cheque that is payable to a specific person or their order is called:
How many parties are there to a cheque?
Assume that you went into the bank today to cash a cheque and you look at the date on the cheque and realize that it has the date 28/02/2026. That cheque is:
Stale-dated
Post-dated
Valid for cashing today
What is another name for a 'bounced' cheque?
Stopped Cheque
Cancelled Cheque
Dishonoured Cheque
Stale Cheque
Which of these is NOT a key element of a cheque?
Reference Number
Date
Amount in Figures
Amount in Words
Which of these is NOT a disadvantage of using cheques?
Businesses may face a charge when processing cheques
You can pay large amounts of money at once
Cheques take up to 3 days to clear
Cheque books must be available to use
Cheque is a….................… instrument
Credit Instrument
Debit Instrument
Cash Instrument
None of the above
The person who receives the payment of credit instrument is known as?
Payer
Drawee
Drawer
Endorsement signifies that the.....?
The saying cheques should be endorsed mean...
............ is an electronic method of fund transfer from one account to other account.
Electronic Clearing System (ECS)
Crossed cheques are generally crossed in the following manner
( )
| |
/ /
_ _
A cheque that can be cashed by anyone who presents it at the bank, without needing to prove their identity, is called:
Order Cheque
Bearer's Cheque
Crossed Cheque
Post-dated Cheque
A cheque is a:
Written promise to pay a specific amount of money at a later date
Card used to withdraw money from a bank account at an ATM
Written order instructing a bank to pay a specific amount of money
Document confirming the deposit of money into a bank account
What phrase, usually written on a cheque, instructs the bank to pay the specified amount to the named person or their order?
Kindly pay
Non negotiable
Pay to the order of
Account Payee Only
Payments of cheques can be stopped by...........
What is a counter cheque?
