Examlex
Nate thinks that Republicans and Democrats almost never work together in Congress. The reason he believes this is that he finds it much easier to think of examples of politicians from the two parties not working together than to think of examples them working together. It is likely that the ______________ has caused Nate to underestimate how frequently Democrats and Republicans work together.
Outstanding Checks
Outstanding checks are checks that have been written and recorded in the issuing company's ledger but have not yet been cashed or cleared by the bank.
Deposits In Transit
Refers to money that has been received and recorded by a business but has not yet been recognized by the bank by the end of the accounting period.
Outstanding Checks
Checks that have been written and recorded in a company's financial records but have not yet been cashed or cleared by the bank.
Deposits In Transit
Funds that have been deposited by a company but not yet credited to its bank account.
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