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    Cornerstones of Financial Accounting Study Set 1
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    Exam 2: Internal Control and Cash
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    What Is the Term for Cheques Presented for Payment and Paid
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What Is the Term for Cheques Presented for Payment and Paid

Question 97

Question 97

Multiple Choice

What is the term for cheques presented for payment and paid by the bank?


A) certified cheques
B) NSF cheques
C) outstanding cheques
D) cancelled cheques

Correct Answer:

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