Which of the Following Is Described as a System Where

question 157

Multiple Choice

Which of the following is described as a system where customers send their checks directly to a post office box that belongs to a bank?

• A) an encryption system
• B) an imprest system
• C) a lock-box system
• D) a firewall system

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Definitions:

Planning

The process of making detailed strategies on how to actionably achieve business goals and objectives.

Directing

The process of guiding and overseeing the activities of an organization or team to achieve its objectives.

Unrealistic Budget

A budget plan that is not achievable or practical given the current constraints and resources.

Top Down Fashion

An approach or process that begins from the highest level of a hierarchy or system moving towards the lower levels.