Examlex
A divisionalized structure has all of the following problems EXCEPT:
Special Bank Account
A bank account designated for a specific purpose or to handle particular types of transactions, separate from general accounts.
Maturity Value
The amount payable to the holder of a financial instrument at its maturity date.
Note Payable
A written promise to pay a certain amount of money, typically including interest, by a certain date; a form of credit or loan.
360-Day Year
An accounting practice that simplifies interest calculation by assuming a year has 360 days.
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