An Outstanding Check Is a Check Issued by the Company

question 42

True/False

An outstanding check is a check issued by the company and recorded on its books,but not yet paid by its bank.

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Definitions:

Feasibility Study

An assessment of the practicality and potential success of a proposed project or system.

Potential Investors

Individuals or entities that may consider allocating their funds to a project, company, or venture with the expectation of generating a return.

White-Boarding

A brainstorming session or presentation technique using a whiteboard to visually share, develop, and discuss ideas.

Head

A term often used to refer to a person in a leading or managerial position within an organization.