Which term describes checks that a company has written but have not yet been cashed or cleared by the bank?

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Deposited checks pending clearanceChecks awaiting deposit confirmationOutstanding checksReturned checks due to insufficient fundsNone of the above

Explanation

Outstanding checks refer to those issued by a business that have not yet been presented to or processed by the bank. They are different from uncollected checks, which are deposited but not yet cleared, and bounced checks, which are returned due to insufficient funds.