Interested to Buy Any Domain ? << Click Here >> for more details...
what is the difference between cheque and draft
- 34 Answers
- 126925 Views
- Bank Of America, Bank of Baroda, BoA, MBA, State Bank Of India SBI, I also Faced
- E-Mail Answers
Answer Posted / arijit roy
An important difference between the two is that a draft can
be issued only when the amount of the draft is submitted to
the bank. Whereas a cheque can be issued irrespective of
whether there is balance in the issuer's account or not.
Incase there is no balance in the issuer's account at the
time when the cheque is presented to the bank for
encashment, the cheque will get bounced.
| Is This Answer Correct ? | 297 Yes | 36 No |
Post New Answer View All Answers
What is an internal audit and what is the role of internal audit?
i am working in a company as wholesale in saudi arabia.i am one of the new.we are supplying to some hyper market. they will issue the money as cheque and they will send the cheque amount and invoice details also.then how can i reconcile our statement with use of that cheque details
1.tell me five points of check list of an audit. 2.what do you checking in statutory audit.five main points. 3.what do you checking in internal audit five main points. 4.which five major points checking according to caro.
I WANT TO DO MY ARTICLE-SHIP FROM DELLOITS KOLKATA..PLEASE HELP??
Discuss the factors to be considered by the auditor in order to determine an audit strategy.
What is the mean of decommission liability?
A company charity (gross income
Who will audit an auditing firm?
What are objectives of internal audit?
When should a company sack its auditor?
Explain the importance of internal audit to the organization?
How to reconcile GST Tally and GST Portal ?
What are the importance of internal audit to the organization?
Explain the purpose of meeting in audit?
What is the mean of internal audit?
