From a company's point of view,which of the following statements best describes an "outstanding cheque"?
A) a cheque written by the company and presented to the bank for payment
B) a cheque written by the company but not yet presented to the bank for payment
C) a cheque written by a customer to the company that has been presented to the bank for payment
D) a cheque written by a customer to the company but not yet been presented to the bank for payment
Correct Answer:
Verified
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