Information About Current Customers, Former Customers, and Prospects Is Contained

question 162

True/False

Information about current customers, former customers, and prospects is contained within a firm's operational database.

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Definitions:

Cash

Cash is a medium of exchange that represents real value and is used for transactions, available either as physical currency or digital form.

Refuse

To decline to accept or allow something; to show unwillingness to do, accept, give, or allow something.

Special Type Of Draft

A particular form of negotiable instrument, such as a check or bill of exchange, with specific conditions or purposes.

Electronic Fund Transfer

A digital transaction that moves funds from one account to another without the use of cash or paper checks.