Examlex
Which of the following is a characteristic of the "Beautiful Messy" style?
Transactional Motive
The transactional motive is the need to hold cash for the purpose of conducting day-to-day business operations, such as paying wages and suppliers.
Zero Balance Account
A zero balance account is a type of bank account that maintains a balance of zero dollars by automatically transferring funds from a master account in the exact amount of transactions clearing the account.
Line of Credit
A flexible loan from a bank or financial institution, where a borrower can access funds up to a specified limit at any time.
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