If a bank pays a check in cash to the payee,and the check is returned to the drawer with the next bank statement,the bank's settlement is said to be:

Question

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If the bank pays the check in cash to the payee, the settlement is considered final because the payee has received the funds and can no longer dispute the transaction. If the check is returned to the drawer with the next statement, it may indicate that there were insufficient funds in the account to cover the check, but this does not change the fact that the payee received the cash and the transaction was settled.

If a Bank Pays a Check in Cash to the Payee,and