Outstanding cheques are cheques:
A)not yet paid by the bank.
B)not yet deducted on the books.
C)not yet mailed by the payor.
D)that have been paid by the bank.

Name: Outstanding cheques are cheques: A)not yet paid by the bank. B)not yet deducted on the books. C)not yet mailed by the payor. D)that have been paid by the bank.
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Question

Quizplus · Accepted Answer

Outstanding cheques are cheques that have been written and recorded by the issuing entity but have not yet been paid by the bank.

Outstanding Cheques Are Cheques