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    Accounting Study Set 5
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    Exam 8: Internal Control and Cash
  5. Question
    When a Cheque Is Issued, the Party Being Paid the Cash
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When a Cheque Is Issued, the Party Being Paid the Cash

Question 29

Question 29

Multiple Choice

When a cheque is issued, the party being paid the cash is referred to as the:


A) drawer.
B) bank signatory.
C) payee.
D) depositor.

Correct Answer:

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