Cheques That Have Been Processed by the Bank and Are

question 96

Multiple Choice

Cheques that have been processed by the bank and are no longer negotiable are

• A) outstanding cheques.
• B) canceled cheques.
• C) cheques in process.
• D) blank cheques.

Understand the principles guiding ethical leadership and organizational change towards ethical practices.

Recognize the legal and ethical aspects of harassment in the workplace.

Understand the concept and different types of harassment in the workplace.

Comprehend the significance and components of ethical and sustainable development in organizations.

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Definitions:

Accounts Payable

Accounts payable is the amount of money a company owes to its suppliers or creditors for goods and services purchased on credit.

Inventory

Raw materials, work-in-process products, and finished goods that are considered to be the portion of a business's assets that are ready or will be ready for sale.

Sales Journal

A dedicated financial ledger designed for documenting all credit sales transactions.

Posting

The act of recording financial transactions in the ledger of an accounting system.