Examlex
Many chatbot services provide support to employees and management rather than to customers.
Bank Reconciliation
The process of matching and adjusting the balance of an entity's bank account against its financial records to ensure accuracy.
Deposits in Transit
Deposits in transit refer to funds that have been received and recorded by a business but not yet reflected in the bank's records.
Service Charges
Fees charged for providing a particular service, often seen in banking and accommodations.
Current Assets
Resources anticipated to be turned into cash, disposed of, or used up either within one year or over the length of the business's operational cycle, depending on which period is greater.
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