A Check Received After Banking Hours Is Considered Constructively Received

question 25

True/False

A check received after banking hours is considered constructively received by the payee even though the check cannot be converted to cash.

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Definitions:

Work Processes

The established methods and procedures used to effectively complete tasks and achieve organizational goals.

Functional Structure

An organizational design that groups employees by their similar specialties, roles, or tasks.

Dysfunctional Conflict

A type of conflict that hinders organizational performance, disrupts operations, and negatively impacts the workplace environment.

Poorer Coordination

The ineffective organization and alignment of activities and tasks among members of a group, leading to suboptimal outcomes.