Question: 1 6 . What is Bank Overdraft? A document used by a company's accounts payable department containing the supporting documents for an invoice. A negotiable

16. What is Bank Overdraft?
A document used by a company's accounts payable department containing the supporting documents for an invoice.
A negotiable instrument where payment is guaranteed by the issuing bank.
A negotiable instrument similar to a bill of exchange.
A line of credit that covers your transactions if your bank account balance drops below zero.

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