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
What is the difference between internal audit and statutory audit?
What techniques used during an audit?
How I can evaluate the internal control audit?
promotions of a new apointed auditor in cgda.
which type audit for your company account
Please send me rbi previous exam paper with ans for group B at aparna_majumder@ymail.com
What is audit trail in siebel?
What are the essential of internal audit?
What are the different advantages and disadvantages of internal audit?
What is pr ? why it is prepared and what is its purpose ? who is responsible for preparing it ? And on any fault in it who is liable ? And what will happen if fault comes ?And What are major reasons of fault ?
Would you consider alternative vacancies if so which:
what is the difference you can make by doing your course in the country of your choice
Whether Advance against property to be included in Loans & Advances while referring to section 185 & 186 of Companies Act, 2013?
What Is Social Audit?
Which books are helpful for practising accounting's most tricky sums?