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Suppose a worker feels unhappy with his job and consequently quits. This illustrates
Electronic Funds Transfers
A system that allows the transfer of money between accounts via electronic signals, removing the need for physical exchanges.
Cash Disbursements
Outflows of cash for expenses, or payments made by a business during a specific period, such as paying suppliers, employees, or other expenditures.
Financial Statements
Consolidated documents that provide an overview of a company's financial condition, including the balance sheet, income statement, and cash flow statement.
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