Examlex
Under which of the following conditions is it important to separate proactive selling from simple order-taking?
Bank Service Charge
Fees charged by banks for various services such as account maintenance, transactions, or overdrafts.
Deposits In Transit
Funds that have been received and recorded by a business but not yet recorded by the bank.
Outstanding Checks
Outstanding Checks are issued checks recorded by the issuing entity but have not yet been cashed or cleared by the bank, impacting the reconciling of bank statements.
NSF Check
A check that cannot be processed because the writer has insufficient funds.
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