Meetings Cover Three Main Areas of Responsibility,which Are

question 46

Multiple Choice

Meetings cover three main areas of responsibility,which are

• A)provision of agenda,conduct of meetings and recording of minutes by secretary
• B)provision of policy and procedures by organisation,organisation of meeting by executive,and participation by members
• C)familiarity with the strategic plan and organisational policies,the conduct of meetings,the generation and follow-up of action plans by executive
• D)familiarity with organisational policy and procedures,running and participating in meetings,generation of minutes by members

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Definitions:

Average Daily Receipts

The average amount of cash that a business receives on a daily basis, calculated over a specific period.

Cheques

Written, dated, and signed instruments that direct a bank to pay a specific sum of money to the bearer or a designated party.

Clearing Times

The time period it takes for a financial transaction to be processed and settled.

Lockbox System

A service offered by banks to companies for the collection of payments from customers, where the payments are sent directly to a post office box rather than to the company.