Business Reports Often Rely on Numbers

question 94

True/False

Business reports often rely on numbers. Data graphics are the best tools for communicating these numbers.

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Definitions:

Use Of Cash

Describes how a business or individual allocates cash resources for various purposes.

Fixed Assets

Long-term tangible assets that are used in the operations of a business and are not likely to be converted to cash in the short term.

Warehouse Financing

A form of financing used by banks and other institutions to loan money to companies using inventory as collateral.

Trust Receipt

A trust receipt is a financial document issued by a bank to a buyer who has obtained a loan to purchase goods, where the buyer agrees to hold the goods in trust for the bank until the loan is repaid.