Cheques That Have Been Written by the Company but Not

question 67

Multiple Choice

Cheques that have been written by the company but not received by the bank are called:

• A) cancelled cheques
• B) outstanding cheques
• C) cheques in transit
• D) NSF cheques

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Definitions:

Homeostasis

Homeostasis is the biological process by which living organisms maintain stable internal conditions (such as temperature, pH, and electrolyte balance) despite changes in the external environment.

Pleasure Principle

A concept in psychoanalytic theory referring to the instinctual seeking of pleasure and avoiding of pain to satisfy biological and psychological needs.

Determinism

The philosophical doctrine that all events, including moral choices, are ultimately determined by causes external to the will.

Associationism

A theory in psychology that states mental processes operate by the association of one mental state with its successors.