Match the Following Terms with Their Correct Definition

question 73

Multiple Choice

Match the following terms with their correct definition.
-An amount received and recorded by the business but not yet recorded by the bank

• A)Bank reconciliation
• B)Deposit in transit
• C)Non-sufficient funds check
• D)Outstanding check
• E)Service charges

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Definitions:

High-Tech Industry

Industries involved in the development, production, and marketing of advanced technological products, including electronics, software, and biotechnology.

Lead Users

Users of a product who face needs that will become general in a marketplace but experience them months or years earlier than the majority of consumers.

Craft Product

Items produced by skilled individuals using traditional methods or techniques, often hand-made and unique in nature.

Art Product

Items that are considered to possess artistic value, including paintings, sculptures, and installations, often associated with creativity and culture.