Examlex

Solved

A(n)____ Is an Item in a Document That You Name

question 3

Multiple Choice

A(n) ____ is an item in a document that you name for future reference.


Definitions:

Zero-Balance Account

A chequing account in which a zero balance is maintained by transfers of funds from a master account in an amount only large enough to cover cheques presented.

Cash Safety Stock

The minimum amount of cash that a company needs to keep on hand to protect against unforeseen variability in cash flow.

Safety Stock

Extra inventory held by a company to prevent stockouts caused by unforeseen variations in supply and demand.

Collection Time

The time duration that a business takes to recover the payments owed to it by its clients, often measured from the date of sale or service delivery.

Related Questions