An Outstanding Check Is a Check That

question 37

Multiple Choice

An outstanding check is a check that:

• A) Has been presented to the bank for payment but has not been reported on the bank statement
• B) Has been written by the account holder but has not been presented to the bank for payment
• C) Is guaranteed for payment by the bank
• D) Has been written for an amount that is greater than the balance in the account holder's bank account

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Definitions:

Unfreezing

The initial phase in the change process where existing behaviors, attitudes, or norms are challenged or questioned in preparation for change.

Driving Forces

Elements that motivate or push an organization or individual towards a particular direction or goal.

Restraining Forces

are factors or influences that resist or oppose change, hindering movement towards a desired state.

Stability

The quality of being resistant to change, maintaining a consistent state over time, or returning to an equilibrium after a disturbance.