Examlex
Which of the following is required for a short-form merger?
Cash Balance
The amount of cash held by a business at any point in time, reflecting its immediate liquidity position.
Ratio
A ratio is a quantitative relationship between two numbers, showing how many times the first number contains the second or how the two numbers compare.
Bank Reconciliation
The method of aligning the figures in a company's bookkeeping records for a cash account with the equivalent data on a bank statement.
NSF Check
Non-Sufficient Funds Check, a bank check that cannot be honored because the account on which it is drawn does not have enough funds.
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