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

Question 6

Question 6

Multiple Choice

When a cheque is issued, the party who is paying the cash is referred to as the:


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

Correct Answer:

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