Comparisons Can Be Made on Each of the Following Bases

question 161

Multiple Choice

Comparisons can be made on each of the following bases except

• A)industry averages.
• B)intercompany basis.
• C)intracompany basis.
• D)Each of these is a basis for comparison.

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Definitions:

NSF

Stands for "Non-Sufficient Funds," indicating that a check cannot be processed because the account does not have enough money.

Returned by Bank

Transactions or items that a bank cannot process and are sent back, such as bounced checks due to insufficient funds in the account.

Not Sufficient Funds

A term used by banks to indicate that a check cannot be honored because the account on which it was drawn does not have enough money.

NSF Check

A cheque that has been returned by the bank because it cannot be honored due to insufficient funds in the account.