Philippine Legal Tender and Financial Instruments Quiz
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Questions and Answers

Which of the following is considered as cash?

  • Post-dated check
  • NSF check
  • Stale check
  • Bank drafts (correct)

What is NOT considered as cash based on the given information?

  • Stale check (correct)
  • Money orders
  • Bills and coins
  • Checks received, except NSF check

Which of the following is a legal tender issued by the Bangko Sentral ng Pilipinas?

  • NSF check
  • Stale check
  • Foreign currencies (correct)
  • Bank drafts

What type of checks are NOT considered as cash based on the given information?

<p>NSF check (B)</p> Signup and view all the answers

Which of the following is NOT considered as cash based on the given information?

<p>Stale check (C)</p> Signup and view all the answers

What is included in the category of cash as per the given information?

<p>Bills, coins, checks received, bank drafts, and money orders (A)</p> Signup and view all the answers

Which of the following is a legal tender issued by the Bangko Sentral ng Pilipinas?

<p>Foreign currencies (B)</p> Signup and view all the answers

What type of check is NOT considered as cash based on the given information?

<p>NSF check (D)</p> Signup and view all the answers

What type of financial instrument is NOT considered as cash based on the given information?

<p>Credit card (D)</p> Signup and view all the answers

Which of the following is a legal tender issued by the Bangko Sentral ng Pilipinas?

<p>Foreign currencies (D)</p> Signup and view all the answers

What is NOT typically included in the category of cash as per the given information?

<p>Bank drafts (B)</p> Signup and view all the answers

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