When an account does not have sufficient balance to honour the cheq – McqOptions

MCQOPTIONS

1.	When an account does not have sufficient balance to honour the cheque issued by the account holder, the cheque is returned by the bank, which is known as?
A.	Cheque discounting
B.	Cheque truncation
C.	Cheque kiting
D.	Bouncing of cheque
Answer» E.

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