With Online Banking

question 113

Multiple Choice

With online banking:

• A) the cash account can be reconciled at any time.
• B) the account history will not shoe deposits.
• C) a bank reconciliation is more difficult.
• D) the account history will show checks that have cleared the bank.

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Definitions:

Nonprice Competition

A marketing strategy in which a company tries to differentiate its product or service from competing products on the basis of attributes other than price.

Advertising

A method used by businesses to promote their products or services to potential customers.

Price Leadership

A market strategy where one leading company sets the price of goods or services within a sector, and other companies in the industry follow suit.

Airfare

The cost or price of a journey by airplane.