The Pay Bills Window Can Be Used To

question 1

Multiple Choice

The Pay bills window can be used to:

• A)Keep track of accounts payable
• B)Keep track of inventory
• C)Keep track of non-inventory items
• D)Keep track of your outstanding checks

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Definitions:

Securities

Financial instruments that represent an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.

Commercial Bank

A financial institution that provides services such as accepting deposits, providing business loans, and offering basic investment products.

Federal Reserve Bank

The central banking system of the United States, responsible for monetary policy, regulation of the banking industry, and maintaining stability of the financial system.

Money Supply

The full total of economic financial assets available at a certain moment in an economy.