The H1-B Visa Program Is Designed

question 115

Multiple Choice

The H1-B visa program is designed:

• A) to keep out undocumented workers.
• B) to encourage bright U.S. college students to study abroad.
• C) to attract scientists and engineers from other nations to help U.S. industry prosper.
• D) to have a way to force foreign students to go back to their native lands after graduation.

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Definitions:

Bank Reconciliation

A process that explains the difference between the bank balance shown in an organization's bank statement, as provided by the bank, and the corresponding amount shown in the organization's own accounting records at a particular point in time.

Outstanding Cheques

Checks that have been written and recorded in the payor's ledger but have not yet been cashed or cleared by the bank.

NSF

An acronym for "Non-Sufficient Funds," indicating that an account does not have enough money to cover a presented check or withdrawal.

Cash Management

The process of collecting, managing, and investing a company's cash flows in a way that maximizes liquidity and profitability.