A(n) _____ Is an Application Used in All Functions of a Business

question 33

Short Answer

A(n) _____ is an application used in all functions of a business that supports decision making throughout an organization.

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Definitions:

Securities Available For Sale

Financial assets that a company holds with the intention of selling them in the short to medium term for profit.

Journalize

The process of recording business transactions in the general journal by making entries that describe the transaction, amounts involved, and accounts affected.

Notional Amount

The theoretical value used to calculate payments made in a financial derivative transaction, which might not involve any physical exchange of funds.

Matched Swap

A Matched Swap involves exchanging equal interest rate payments or cash flows between two parties to manage risk or improve financial performance.