Which of the Following Statements Best Describes the Term "Outstanding

Multiple Choice

Which of the following statements best describes the term "outstanding check" from a company's point of view?

A) A check written by the company and presented to the bank for payment.
B) A check written by the company but not yet presented to the bank for payment.
C) A check written by a customer to the company, and the check has been presented to the bank for payment.
D) A check written by a customer to the company, but it has not yet been presented to the bank for payment.