Funds Can Be Transferred Between Savers and Users in Two

question 131

Multiple Choice

Funds can be transferred between savers and users in two ways: ______.

• A) individually and groups
• B) in person and electronically
• C) free and not free
• D) directly and indirectly

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Definitions:

Cash Dividends

are payments made by a corporation to its shareholders from profits in the form of cash, reflecting a portion of the corporate earnings being distributed.

Note Payable

A financial obligation or a loan that is documented through a formal agreement stating repayment terms.

Noncash Financing

Financing activities that do not involve cash flows, but rather the exchange of non-cash items or liabilities, such as issuing stock for assets or converting debt to equity.

Amortization of Patents

The gradual write-off of the cost of a patent over its useful life to reflect its consumption, expiration, or decline in value.