Financial Literacy 20, 30
Course Configurations
FINL9
Module 9: Cheques (Optional)
Outcome
Explore the attributes and uses of cheques.
Indicators
| (a) | Discuss what a cheque is and why cheques are used. |
| (b) | Research the evolution and current use of cheques and predict the future of this payment form including the impact of technologies. |
| (c) | Identify information found on a cheque including the account number, transit numbers and financial institution number. |
| (d) | Identify when different types of cheques (e.g., void, personal, certified and travellers) might be used. |
| (e) | Explain common issues (e.g., non-sufficient funds and post- and stale-dated) related to the use of cheques. |
| (f) | Discuss stop payment options associated with cheques. |
| (g) | Differentiate between restrictive, special and blank endorsements of a cheque. |
| (h) | Fill in a blank cheque template for various scenarios including the purpose of dual signatures as an internal control requirement for an organization. |
| (i) | Record transactions using a paper or electronic cheque register. |
| (j) | Investigate examples of cheque fraud and discuss the importance of being able to recognize a fraudulent cheque. |
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R008607
Money and Finances
This Government of Canada website has current information on concepts related to financial literacy. There is a useful search menu to locate information on specific course topics. The content is written suitably for students and some topics include videos, tools and calculators, online courses and modules that may be useful for use in the classroom.
Media and Formats :
Website
Price :
Free
Record posted/updated:
February 8, 2022