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A Job Study Not Only Identifies the Tasks,responsibilities,and Skills That

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A job study not only identifies the tasks,responsibilities,and skills that a job entails,but also specifies the knowledge and abilities needed to perform it.


Definitions:

Collection Float

The time gap between when a check is deposited and when the funds are available in the recipient's account, affecting the cash flow of businesses.

Cheques

Paper instruments that direct banks to pay a specified amount of money from a person's account to the person in whose name the cheque has been issued.

Daily Interest Rate

The interest rate calculated on a daily basis, often used to compute interest on loans or investments over a short period.

Fee

A charge for a service provided or the right to engage in certain activities or transactions.

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