Solved

An Outstanding Check Is a Check That

Question 163

Multiple Choice

An outstanding check is a check that


A) has been presented to the bank for payment but has not been reported on the bank statement.
B) has been written by the account holder but has not been presented to the bank for payment.
C) is guaranteed for payment by the bank.
D) has been written for an amount that is greater than the balance in the account holder's bank account.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions