The Payments System Is

question 72

Multiple Choice

The payments system is

• A)the method of conducting transactions in the economy.
• B)used by union officials to set salary caps.
• C)an illegal method of rewarding contracts.
• D)used by your employer to determine salary increases.

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Definitions:

Investing Activities

Transactions that involve the purchase or sale of long-term assets and other investments, typically reported on a company's cash flow statement.

Cash Dividend

A distribution of a portion of a company's earnings to its shareholders in the form of cash.

Financing Activities

Transactions between a company and its investors or creditors related to equity and debt, including issuing shares and obtaining loans.

Comparative Balance Sheet

A financial statement that presents the financial position of a company at two or more points in time, allowing for comparison and analysis of changes.