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A cheque which is not meant for indefinite circulation is called:

(a) Open cheque

(b) Stale cheque

(c) Crossed cheque

(d) Post dated cheque

e) Non of these.

Accounting Financial Accounting Bank Accounting Transaction Banking Banking
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Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2015/01/16
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Roy Aviles
by Roy Aviles , Senior Accountant , Bab Ishtar Group WLL

B. Stale check is void instrument therefore should not be circulated.

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Answer option (b)  >>>>>>>>>  Stale cheque

fadil hoory
by fadil hoory , محاسب , شركة مقاولات بالسعودية

answer (b)

Salah Othman Yousef Alshambaati
by Salah Othman Yousef Alshambaati , مدير ادارة الحسابات , شركة انفال الجديدة للتجارة والمقاولات

b

Waqas Raza Khan
by Waqas Raza Khan , Accountant , Cold Store Group of Saudi Arabia

Option (B)

Ahmed kandil
by Ahmed kandil , Cost Controller , Battour Holding Cpompany

answer is B 

imran Noor -
by imran Noor - , Audit Officer , Auditor General of Pakistan

Option (B) >>>>>>>>>>>>> stale cheque

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