Examlex

Solved

All of the Following Are Benefits of Planning and Managing

question 90

Multiple Choice

All of the following are benefits of planning and managing systems development except


Definitions:

Drawee

The party that is ordered to pay a draft or check. With a check, a financial institution is always the drawee.

Payee

The individual or entity to whom a payment is to be made or has been made, typically in the context of financial transactions.

Promissory Note

A written promise to pay a specified sum of money to a designated person at a fixed or determinable future time.

Debt

An amount of money borrowed by one party from another, often used for making big purchases that require immediate payment.

Related Questions