Sandy Noticed an Unauthorized Electronic Funds Withdrawal on Her Bank

question 3

Multiple Choice

Sandy noticed an unauthorized electronic funds withdrawal on her bank statement.In order for her to not be liable for the withdrawal,she must notify her bank within _______ of the date of the bank statement.

• A)​10 days 
• B)​30 days 
• C)​60 days 
• D)​90 days 

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Definitions:

Sales Data

Information related to the sales performance of a company, including volume, trends, and geographical distribution of sales.

Liquidity Ratio

Financial metrics that measure a company's ability to meet its short-term obligations with its liquid assets.

Inventory Turnover

A measure of how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Return on Assets

A profitability ratio that measures how effectively a company uses its assets to generate profit, calculated as net income divided by total assets.