Examlex

Solved

A Stereotype Is

question 148

Multiple Choice

A stereotype is:

Identify the correct approach to adjustments for accounts receivable, inventory, prepaid expenses, income taxes payable, accounts payable, and accrued liabilities in the cash flow statement.
Understand the reasons behind the reshoring of US company call centers.
Identify the elements and benefits of virtual teams.
Recognize the tools and technologies facilitating modern communication and collaboration.

Definitions:

Zero Balance Accounts

Bank accounts that automatically maintain a zero balance by moving funds from a master account in an amount only large enough to cover checks presented.

Master Account

A primary account that is used to manage multiple sub-accounts under a single umbrella, often for purposes of consolidation and easier management.

Same Day Value

A banking term indicating that a fund transfer or transaction will be credited or debited with its value dated the same day the instruction is received.

Cash Concentration Account

A cash concentration account is a bank account used by companies to consolidate and manage their cash flows, usually involving the transfer of funds from multiple accounts into this single account.

Related Questions