Accounting Multiple Choice Question – 27 May 2019

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

A paying-in slip is…?

Select ONE answer:

  1. a once-off instruction to a bank to pay a specified amount from your current account.
  2. the form which must be completed when lodging money into a bank account.
  3. the same as a cheque.
  4. None of the above.

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple choice question is suitable for Accounting KS5 classes.

The answer is 2

  1. a once-off instruction to a bank to pay a specified amount of money from your current account is a cheque.
  2. Correct
  3. a cheque is an instruction to a bank to pay a specified amount from your current account.
  4. Not correct

 

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