what is the difference between cheque and draft
Answer Posted / m manikandan
While issuing Cheque there is no money charged, but while
issuing draft the bank charges some money in the form
of "comission".
Cheque involves the risk ( when there is no sufficient
money), but Draft is the most safe method.
Cheque is issued by the account holder, But Draft is issued
by the Bank.
| Is This Answer Correct ? | 1 Yes | 2 No |
Post New Answer View All Answers
How does an internal audit differ from an external audit?
What was your most rewarding accomplishment of your career and why
what is audit & activities of auditor?
i have to finalize a mineral water co. for the year 2014-15 and i want to know that what will be rate of excise duty on sale of mineral water.
May deduct TDS Froma reseller ?
which type audit for your company account
Explain the basic principles of an internal audit controlsystem?
When should a company sack its auditor?
What is caro 2004?
what is the difference you can make by doing your course in the country of your choice
i want question papers audit staff selection examination
What are the reasons for getting audited?
vat on liquor vat on food ? vat on bevrages ? vat on tobaco? vat on gold?
Explain about cross functional audits?
what is the difference you can make by doing your course in the country of your choice