Fitzgerald Company Wrote Checks Totaling $34,160 During October and $37,300

question 82

Multiple Choice

Fitzgerald Company wrote checks totaling $34,160 during October and $37,300 during November. $32,480 of these checks cleared the bank in October, and $36,440 cleared the bank in November. What was the amount of outstanding checks on November 30?

• A) $2,860
• B) $1,680
• C) $2,540
• D) $3,140

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Definitions:

Computer-Based Support

Systems or software designed to aid or enhance computing tasks, problem-solving, or decision making.

Lower-Level Managers

Managers who are responsible for the routine, day-to-day operations within a company, typically overseeing the work of regular employees.

Intraorganizational System

A system used within an organization to streamline processes, enhance communication, and facilitate decision-making among different departments.

E-commerce System

An online platform or software application that enables buying and selling of goods and services over the internet.