Outstanding Cheques Are Cheques That

Multiple Choice

Outstanding cheques are cheques that:

A) Have been written, recorded on the company books, and sent to the payees, but have not yet been paid by the bank.
B) Have been written, recorded, sent to the payees, received, and paid by the bank.
C) Have been issued by the bank.
D) Are blank cheques.
E) Have been written and not yet recorded in the company books.