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Outlook Defines A(n) ____ as an Activity That Occurs at Least

question 52

Multiple Choice

Outlook defines a(n) ____ as an activity that occurs at least once and lasts 24 hours or longer.


Definitions:

Trust Fund

A legal arrangement through which assets are held by a third party for the benefit of another party or parties.

Compounded Quarterly

The process in which interest is calculated and added to the principal amount every quarter of the year.

Deposits

Money placed into a bank account or given as a security for a contractual agreement.

Semi-annually

Occurring twice a year, typically every six months.

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