A Request Must Be Answered by the Respondent with a Simple

question 12

True/False

A request must be answered by the respondent with a simple admission or a denial.

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Definitions:

Bank Payment

is a transaction where money is transferred from one bank account to another to fulfill a financial obligation.

Specified Conditions

Explicitly defined terms or requirements that must be met within a contract, agreement, or situation.

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period, helping organizations manage their cash flow and ensure they have enough cash to cover their obligations.