Examlex
What is the zero-one rule?
Zero Balance Accounts
A checking account in which a balance of zero is maintained by automatically transferring funds from a master account in an amount only large enough to cover checks presented.
Excess Funds
Surplus money available with an entity after all expenses and obligations have been met, which can be invested or saved for future use.
Ordering Costs
Expenses incurred in placing and receiving orders from suppliers, typically including costs related to processing, shipping, and receiving.
Inventory Held
The goods and materials that a business has in stock and available to sell at a given time.
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