Examlex
The least structured and rarest form of collective behavior is
Bank Reconciliation
A process used to verify the accuracy of bank statements with a company's financial records, identifying any discrepancies.
Checks Outstanding
Checks that have been written and recorded in the check issuer's accounting system but have not yet been cashed or cleared by the bank.
Deposit In Transit
Funds that have been sent to a bank but have not yet been processed and added to the account balance.
Note Collected
The action of receiving payment or settling a promissory note, where one party pays the amount owed to another.
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