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When watching a soccer game, people perceptually place all the players wearing blue in one group and those wearing white in a separate group. According to the principles of perceptual grouping clarified by the Gestalt psychologists, this illustrates the principle of:
Collect Funds
To collect funds means to gather or accumulate money from various sources, often in the context of payments or fundraising activities.
Debit Card
A payment card that deducts money directly from a consumer’s checking account to pay for a purchase.
Zero-balance Account
A checking account in which a balance of zero is maintained by automatically transferring funds from a master account in an exact amount to cover checks presented.
Float Management
Strategies employed by companies to manage the time between issuing and cashing payments to optimize available cash flow.
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