Multiple Choice
What is an outstanding check?
A) A check that has been issued by the company but has not been presented to the bank for payment.
B) A check that is guaranteed for payment by the bank.
C) A check that has been presented to the bank for payment but has not been reported on the bank statement.
D) A check that was written for an amount that is greater than the balance in the account holder's bank account.
Correct Answer:

Verified
Correct Answer:
Verified
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