The Checks That Have Been Paid by the Bank on Behalf

question 98

Multiple Choice

The checks that have been paid by the bank on behalf of the depositor, which are included with the bank statement, are called:

• A)outstanding checks.
• B)canceled checks.
• C)checks in transit.
• D)NSF checks.

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Definitions:

Openness

A personality trait that refers to the extent to which an individual is open to experiencing a variety of activities, engaging in novel experiences, and demonstrating curiosity and creativity.

New Activities

Tasks or experiences that are novel or unfamiliar to an individual, offering opportunities for learning and growth.

Relatively Stable

Describes something that remains largely unchanged over time or under different conditions.

Traits

Enduring characteristics or tendencies that define an individual's behavior across various situations and over time.