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A company writes a check but does not have enough money to cover the balance. What fee might the bank assess the company in this case ? A. Expense overage fee B. Non sufficient fund fee C. Reconciliation
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A company writes a check but does not have enough money to cover the balance. What fee might the bank assess the company in this case ?

A. Expense overage fee

B. Non sufficient fund fee

C. Reconciliation fee

D. Deposit fee

User Cmrussell
by
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2 Answers

4 votes

Answer:

Non sufficient Fund Fee

Step-by-step explanation:

took test

User Bogdan Popa
by
5.6k points
5 votes

Answer: B: Non sufficient fund fee

Explanation: the company does not have enough funds in their account, so that the bank allows them to borrow the money and then charges them a small fee, and the company will pay later.

User Vincent Hubert
by
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