The Skills That Organizations Require to Perform Tasks Are Called_________

question 49

Multiple Choice

The skills that organizations require to perform tasks are called_________ .

• A)dividends
• B)contributions
• C)inducements
• D)payments

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Definitions:

Payment

The transfer of money or goods from one party to another as compensation for goods or services provided or as a fulfillment of a legal obligation.

Maker

In financial terms, it refers to the entity that creates or issues a promissory note or draft.

Drawee

The party in a financial transaction who is directed to pay a certain sum, typically the bank on which a check is drawn.

Negotiable

Capable of being transferred or converted into goods, services, or money under terms agreeable to the involved parties.