Lana wrote a check knowing that she did not have sufficient funds in her account.What is this practice called?
A)check kiting
B)bouncing a check
C)check forgery
D)check covering

Question

Quizplus · Accepted Answer

Writing a check when you know there are not sufficient funds in your account is commonly referred to as bouncing a check. It is also known as writing a bad check, or having insufficient funds (NSF). Check kiting is a different type of illegal activity where someone takes advantage of the time it takes for checks to clear in order to write checks between two or more accounts that do not have sufficient funds. Check forgery involves making or altering a check in a fraudulent manner, and check covering refers to depositing money into an account to cover a previously bounced check.

Lana Wrote a Check Knowing That She Did Not Have