WAEC Commerce 2016 Objective — Question 19
Question 19 of 50 from the West African Examinations Council (WAEC) Commerce 2016 Objective paper, with the correct answer and a full explanation.
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19. When a cheque is paid on a bank on which it is drawn, the cheque is A. discounted B. credited C. debited D. cleared
- A. discounted
- B. credited
- C. debited
- D. clearedCorrect
Explanation
A cleared cheque is a cheque that is paid on the bank on which it is drawn.
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