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A Clique Is Defined As

question 66

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A clique is defined as:


Definitions:

Bank Reconciliation

The process of comparing and matching figures from the accounting records against those presented on a bank statement to ensure they are in agreement.

Disbursements

Cash or fund outflows from a company for expenses, investments, and other financial activities.

EFT

Electronic Funds Transfer, a system of transferring money from one bank account directly to another without any paper money changing hands.

Remittance Advice

A document sent by a customer to a seller, informing the seller that an invoice has been paid, typically accompanying a payment.

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