Quiz
AAT 2 Banking Questions Quiz
Questions in this quiz (10)
1The DRAWER on a cheque is the person the cheque is to be paid to.
- ATrue
- BFalse
2A STANDING ORDER will allow an organisation to make regular payments of fixed amounts.
- ATrue
- BFalse
3When a business makes payments to suppliers by CREDIT CARD the amount paid affects the businesses bank account immediately.
- ATrue
- BFalse
4A CHEQUE paid into a building society has to pass through the clearing system.
- ATrue
- BFalse
5Overdraft facilities are NOT usually offered by building societies
- ATrue
- BFalse
6When taking telephone card payments you would check the expiry date on the card and the security number.
- ATrue
- BFalse
7A cheque becomes out of date after 5 months.
- ATrue
- BFalse
8A Direct Debit is collected from a customer account and the amounts can vary.
- ATrue
- BFalse
9A Cheque is an example of an electronic payment method.
- ATrue
- BFalse
10The CHAPS service would be appropriate for regular payments of small amounts.
- ATrue
- BFalse
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- Description
- Quiz on AAT 2 Banking Questions Quiz, created by Louise Johnson on 28/01/2015.
- Author
- Louise Johnson
- Language
- English
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- 138
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