Choose the Word or Phrase in [ ] Which Will

question 156

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Banks must notify customers [30 | 60] days before lowering rates on deposit accounts or certificates of deposit.

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Definitions:

Subsidiaries Acquired

Refers to companies that have been bought and are now controlled by a parent company, becoming part of a larger corporate family.

Reconstruction Of Ledger

The process of reorganizing a company's ledger to correct errors or after a significant transaction.

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.