Which of the Following Is NOT a Common Name for a Corporation

question 2

Multiple Choice

Which of the following is NOT a common name for a corporation that invests in private companies?

• A) strategic investor
• B) corporate partner
• C) venture partner
• D) strategic partner

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Definitions:

Deposits In Transit

Funds that have been sent to a bank but not yet recorded by the bank in the account holder's bank statement.

Outstanding Checks

Checks that have been issued by a company but have not yet been cashed or cleared by the bank.

Petty Cash

A small amount of cash on hand used for minor or incidental expenses within a business.

Normal Balance

The side (debit or credit) of an account that is expected to have a greater balance based on standard accounting practices.