A Check Written by a Company but Not Yet Presented

question 172

True/False

A check written by a company but not yet presented to the bank for payment is called a check in transit.

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Definitions:

Theory Y

A management approach based on the belief that employees are intrinsically motivated to work and can be trusted to seek out responsibility.

Punishment

The introduction of an unpleasant stimulus as a consequence of the learner having done something wrong.

True Self

Refers to an individual's authentic, core identity that remains constant over time and across situations.

Industrial Humanism

An approach within business that emphasizes the importance of human welfare, values, and dignity in the workplace.