Examlex
In a technological conference, all the participating IT firms agreed to transfer the data pertaining to their human resources to a cloud. The objective behind this is to improve talent acquisition process and communication among HR professionals around the globe. The cloud referred to in this scenario is a _____ cloud.
Bank Reconciliation
The process of comparing and contrasting the bank statement with a company's financial records to identify any discrepancies.
Bank Service Charges
Fees charged by banks for various services such as account maintenance, transactions, or overdrafts.
Deposit In Transit
Money that has been received and recorded by a company but has not yet been reflected in the bank's records.
NSF Check
A check that cannot be honored because the account on which it is drawn lacks sufficient funds, standing for "non-sufficient funds."
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