Examlex
What is the role of job analysis in HRM, and how does it relate to other HRM functions?
Process Payments
The procedure of completing financial transactions by transferring funds from one party to another.
Zero-Balance Account
A bank account maintained with a balance of zero, where funds are transferred to cover checks presented for payment.
Chequing Account
A bank account from which money can be withdrawn without notice, usually through the issuance of checks.
Master Account
An overarching account that has the authority and capability to control other accounts within a financial or investment framework.
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