A Stop-Payment Order Can Be Issued Either by the Drawer

question 45

True/False

A stop-payment order can be issued either by the drawer or the payee.

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Definitions:

Private Accountant

An accountant who is employed by a single organization to perform financial duties such as audits, budgeting, and financial statement preparation internally.

Public Accountant

A certified professional who provides accounting services to the public, including auditing, tax advice, and financial consulting.