Summary: Syllabus Engels
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23 Banking and Finance
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The signature on a cheque should be the same as the.........which has been given to the bank.
specimen -
If a cheque is returned marked Return to Drawer.....
the cheque is bounced -
A(n) .......cheque offers greater security than an open cheque because it can only be paid into another bank account.
endorsed -
Most firms keep a small amount of money on the premises for everyday expenses. this is known as the.......
pin money -
at regular intervals a bank sends its customers a list of all the transactions in their accounts. What is this called?
a statement -
the item cost 10f to produce and we sell it for 12.50f. Our profit.........is 25%.
margin -
........carry out the regular checks of a company´s financiel records and books to be able to confirm that they have been kept correctly.
accountants or auditors -
The small percentage of the purchase price that a stockbroker charges for buying or selling shares is known as the......
commision -
when goods are paid for by cheque, ownership of the goods is often retained by the seller until the cheque has been.......
cleared -
A checking account is the American expression for the kind of account you open if the money you have in the bank is needed for everyday purposes. In Britain it´s called a......
current account
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