Voluntary Collectives with the Purpose of Advancing Their Members' Interests

question 112

Multiple Choice

Voluntary collectives with the purpose of advancing their members' interests are known as ___.

• A)mutual associations
• B)nonprofit organizations
• C)volunteer co-ops
• D)for-profit organizations
• E)mutual-benefit organizations

Learn how to acknowledge customer orders and requests effectively and professionally.

Comprehend the process of handling order and credit routine messages, including acknowledgment messages.

Understand the responsibilities and ethical considerations in providing credit information.

Understand the legal and ethical considerations in electronic communications.

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Definitions:

Payment

The act of providing money in exchange for goods, services, or to satisfy a debt.

Credited

Recognized or accounted for in financial transactions; often involves adding a sum to an account balance.

Account

A record or statement of financial expenditure and receipts, related to a specific period or purpose, or a contractual arrangement through which an individual or entity receives financial or banking services.

Cheque

A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer or to a specified person.