The outstanding cheques should always decrease in subsequent months if no new cheques have been issued by the company.

Name: The outstanding cheques should always decrease in subsequent months if no new cheques have been issued by the company.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Outstanding cheques represent payments that have been made by the company but have not yet been processed by the bank. As time passes, these cheques should clear and therefore decrease in number, unless new cheques are issued to replace them.

The Outstanding Cheques Should Always Decrease in Subsequent Months If