One Common Use for a Cash Management System Is to Execute

question 18

Short Answer

One common use for a cash management system is to execute cash transactions in which financial institutions transfer huge amounts of money using___________ .

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Definitions:

Economically Beneficial

Activities or decisions that result in a net gain in economic value, improving the economic welfare of individuals or society as a whole.

Larger Output

Refers to the increased production of goods or services by a company or economy.

Fixed Amounts

Predetermined quantities or sums that do not change over time or in response to varying conditions.

Trade by Bartering

A method of exchanging goods or services directly without using money.