Practice mode Accounting

How many copies of a foreign bill of exchange are usually drawn?

Correct answer D. Triplicate

Explanation

Foreign bills are generally drawn in a set of three, sent by different routes, so that if one copy is lost the others still reach the drawee; payment on one cancels the rest.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.