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Maysteel, Which Makes Components for Electric Utilities, Has Created A(n)

question 116

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Maysteel, which makes components for electric utilities, has created a(n) _____ that allows its six plant managers in Wisconsin and Ireland to access customized information about the costs and sales at the other plants.The only people who can access this information are its managers.


Definitions:

Payable To

A term indicating the entity to whom funds are directed in financial and legal documents.

Negotiable Instrument

A document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payee able to transfer it to another holder.

Debtor-Creditor Relationship

A financial relationship where one party (debtor) owes another party (creditor) money or service.

Bills Of Exchange Act

Legislation that regulates the transfer, creation, and terms of bills of exchange, a type of negotiable instrument used in commerce.

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