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Cash Memo Advantages and Disadvantages

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Questions and Answers

True or false: Cash memo is suitable for all businesses, regardless of their size?

False

True or false: Cash memo always carries the signature of a responsible person?

True

True or false: Bank transactions are not as good as cash transactions for businesses?

False

True or false: Cash memo is a computerized process that requires a separate system?

False Signup and view all the answers

True or false: It is easy to manipulate transactions made via cash memo?

True Signup and view all the answers

True or false: A cash memo is only suitable for small businesses with low and recurring sales volume?

True Signup and view all the answers

True or false: Cash memo transactions are always legally valid and accounted for?

True Signup and view all the answers

True or false: Cash memo is a complex and ineffective system for day-to-day transactions?

False Signup and view all the answers

Public sector or nationalised banks of India. Example :SBI, Union Bank of India Foreign Banks. Example: American Express, National Australia Bank Private sector banks. Example: HDFC,ICICI etc. Regional Rural Banks. ______ Grameen Bank

Prathama Signup and view all the answers

Cash Memo Advantages and Disadvantages

Choose a study mode

Podcast

Questions and Answers

True or false: Cash memo is suitable for all businesses, regardless of their size?

True or false: Cash memo always carries the signature of a responsible person?

True or false: Bank transactions are not as good as cash transactions for businesses?

True or false: Cash memo is a computerized process that requires a separate system?

True or false: It is easy to manipulate transactions made via cash memo?

True or false: A cash memo is only suitable for small businesses with low and recurring sales volume?

True or false: Cash memo transactions are always legally valid and accounted for?

True or false: Cash memo is a complex and ineffective system for day-to-day transactions?

Public sector or nationalised banks of India. Example :SBI, Union Bank of India Foreign Banks. Example: American Express, National Australia Bank Private sector banks. Example: HDFC,ICICI etc. Regional Rural Banks. ______ Grameen Bank

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