Multiple Choice
Which one of the following statements best describes the term "outstanding check?"
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 that has been presented to the bank for payment.
D) A check written by a customer that has not yet been presented to the bank for payment.
Correct Answer:

Verified
Correct Answer:
Verified
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