Unpresented checks also referred as____________?
ABounced checks
BOutstanding checks
CUncredited checks
DUncollected checks
Correct answer
B. Outstanding checks
Explanation
An unpresented check is a check written by a company and entered in its records, but the check has not yet cleared the company’s checking account. In other words, the check has not yet been paid by the bank on which the check is drawn. An unpresented check is also known as an outstanding check.