Match the Terms with the Definitions

question 70

Multiple Choice

Match the terms with the definitions.
-A notification to the payee that the bank has collected interest on a note and added the amount to the payee's account.

• A)accrued interest on notes payable
• B)time
• C)proceeds (note receivable)
• D)principal of the note
• E)notes payable register
• F)credit advice
• G)maturity value
• H)discounting a note receivable
• I)dishonored
• J)effective rate
• K)promissory note
• L)maker

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Definitions:

Core Values

The fundamental beliefs or guiding principles that shape an individual's actions or an organization's culture and decision-making processes.

Performance Objectives

Specific, measurable goals set by an organization or individual to gauge and improve effectiveness and efficiency.

Organisational Level

Organisational level pertains to the hierarchy within a company or institution, relating to how decision-making is structured and how tasks are allocated.

Customer Relationship Management

A strategic approach to managing a company's interactions with current and potential customers, using data analysis to improve business relationships.