Match the Type of Bank Account with Its Definition

question 49

Multiple Choice

Match the type of bank account with its definition: 
-This account is the principal cash account of an entity

• A)Petty cash account
• B)Branch account
• C)Imprest cash account
• D)General cash account

---

Definitions:

Specialized

Refers to a specific area of expertise or a particular focus within a broader field, often requiring advanced knowledge or skills.

Social Commerce

The integration of online social networks with e-commerce transactions, allowing users to buy and sell goods or services within a social media platform.

Collaborative Purchasing

A buying process where multiple parties come together to leverage collective bargaining power for better terms or prices.

Social Shopping

The combination of e-commerce and social networking sites, where users can shop for items while interacting and seeking opinions from others.