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According to the textbook, what are the two most used methods for informal learning?
Banking Day
A banking day is any day that a bank is open to the public for business. Generally, a banking business transacted after this time is usually considered to be the next day’s business. Saturdays, Sundays, and federal holidays are usually not considered banking days.
SUTA Limit
The maximum amount of earnings on which an employer is required to pay State Unemployment Tax Act taxes.
Wages Payable
An accounting term for the amount owed to employees for work performed that has not yet been paid.
Cash
Liquid currency and coins, along with items of immediate bankability like checks, bank drafts, and money orders, considered a highly liquid asset.
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