CAD Workstations

question 40

Multiple Choice

CAD workstations

• A) provide engineers, designers, and factory managers with precise control over industrial design and manufacturing.
• B) provide an important source of expertise for organizations.
• C) allow groups to work together on documents.
• D) are high-end PCs used in the financial sector to analyze trading situations instantaneously and facilitate portfolio management.

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Definitions:

Outstanding Checks

Checks that have been written and recorded in the check register but have not yet been cashed or cleared by the bank.

Credit Memo

A document issued by a seller to a buyer, reducing the amount that the buyer owes to the seller under the terms of an earlier invoice.

NSF Checks

Checks that are not honored by the bank due to insufficient funds in the account of the drawer.

Bank Service Charges

Fees charged by banks for account maintenance, transactions, and other financial services.