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Which One of the Following Statements Best Describes the Term

Question 158

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.

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