Checks that have been processed by the bank and are no longer negotiable are:
A) outstanding checks.
B) canceled checks.
C) voided checks.
D) deposits in transit.

Name: Checks that have been processed by the bank and are no longer negotiable are: A) outstanding checks. B) canceled checks. C) voided checks. D) deposits in transit.
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Question

Quizplus · Accepted Answer

Canceled checks are those that have been processed by the bank, meaning they have been paid out and are no longer negotiable.

Checks That Have Been Processed by the Bank and Are