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Instructions: Please Define the Following Key Terms

question 29

Essay

Instructions: Please define the following key terms.Show Who? What? Where? When? Why Important?
-stadtholder


Definitions:

Available Cash Balance

The amount of cash that a company has on hand after accounting for all operational and investment expenses.

Electronically

Pertaining to the use of computers, the internet, or other digital technology to facilitate processes, transactions, or communications.

Total Collection Time

The average period it takes for a business to receive payments owed by its customers.

Debit Card Transactions

Electronic fund transfers initiated by using a debit card, allowing the cardholder to withdraw cash or make purchases directly from their bank account.

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