RESEARCH METHODOLOGY

REPORTING AND THESIS WRITING

PRIMARY AND SECONDARY SOURCES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A written order to a bank authorizing the bank to pay an amount of money to the person named on it.
A
Check
B
Receipt
C
Paying-in slip
D
Payment Voucher
Explanation: 

Detailed explanation-1: -Check. A written order instructing a financial institution to pay immediately on demand a specified amount of money from the check writer’s account to the person named on the check or, if a specific person is not named, to whoever bears the check to the institution for payment.

Detailed explanation-2: -A check is a written order instructing your bank to pay money to an individual or entity. To use checks, you must first open a checking account and make regular deposits into that account.

Detailed explanation-3: -A check or draft is a written order to a bank by a depositor to pay the amount specified from funds on deposit in a checking account. A negotiable instrument that orders the bank to pay amount of money from person’s checking account to either a person or a business is known as draft or check.

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