A check for which a maker's bank account has inadequate money to pay the check is known as:
A)a nonsufficient funds check.
B)an outstanding check.
C)a restrictive check.
D)a canceled check.

Question

Quizplus · Accepted Answer

A check for which the maker's bank account has inadequate money to pay the check is known as a nonsufficient funds check or NSF check. Option A is the correct choice. An outstanding check is a check that has been written, but not yet cleared or processed by the recipient's bank. A restrictive check is a type of check that can only be deposited into a specific account or used for a specific purpose. A canceled check is a check that has been processed and cleared by the recipient's bank.

A Check for Which a Maker's Bank Account Has Inadequate