Outstanding Checks

question 64

Multiple Choice

Outstanding checks:

• A) have been deducted from the bank balance but not the checkbook records.
• B) have not been presented to the bank for payment and have not been subtracted from the checkbook.
• C) have not been presented to the bank for payment but have been subtracted in the checkbook.
• D) have been returned to the business for nonpayment.

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Definitions:

Naive Psychologists

A term used to describe how ordinary people make sense of their own and others' behavior or actions as if they are amateur psychologists.

Interpersonal Relationships

Connections and interactions between two or more people, often based on emotional or social bonds.

Common Sense

Practical judgement concerning everyday matters, or a basic ability to perceive, understand, and judge things shared by nearly all people.

Learned System

A body of knowledge or behaviors acquired through experience or education rather than being instinctual.