Question

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

Answer 1

Non sufficient Fund Fee

Step-by-step explanation:

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Answer 2

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.