Answer:
Step-by-step explanation:
A dishonored cheque is a cheque that the bank refuses to honor or pay because of certain reasons. Here are six common reasons for dishonoring a cheque:
Insufficient funds: When the account holder does not have enough money in their account to cover the amount written on the cheque.
Irregular signature: When the signature on the cheque does not match the signature on the account holder's records.
Stale cheque: When the cheque is presented for payment after a certain period (usually 3 to 6 months) from the date of issue.
Post-dated cheque: When the cheque is dated for a future date and is presented for payment before that date.
Account closed: When the account on which the cheque is drawn is closed before the cheque is presented for payment.
Alterations or discrepancies: When there are changes or discrepancies in the amount written in words and figures or when there are alterations or erasures on the cheque.
Abbreviations:
(iv) - abbreviation for "in view"
(1) - abbreviation for "line"
(ii) - abbreviation for "page"
Co. - abbreviation for "company"
COD - abbreviation for "cash on delivery"
Inv. - abbreviation for "invoice"
B/d - abbreviation for "brought down"
Chq - abbreviation for "cheque"
Advantages of centralized filing:
Easy retrieval: With all files stored in a central location, it is easier and faster to retrieve the required files when needed.
Consistent filing system: A centralized filing system ensures that all files are organized and filed in a consistent manner, making it easier to locate files and avoid misfiling.
Space-saving: Centralized filing reduces the need for multiple filing cabinets or storage spaces in different areas of the office, saving valuable office space.
In relation to office etiquette:
(i). Courtesy is a quality of professionalism.