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Explain what is meant by constructive feedback,and why it is important to communication openness,dialogue,and organizational effectiveness in the context of the performance appraisal process.
Cumulative Cash
The total amount of cash generated or accumulated over a period of time, often used in the context of a company's cash flow.
Bankers' Acceptances
Bankers' acceptances are short-term financial instruments issued by a company that banks guarantee; they are commonly used in international trade.
Commercial Paper
An unsecured, short-term debt instrument issued by corporations, typically used for the financing of accounts receivable, inventories, and meeting short-term liabilities.
Secondary Markets
Markets where securities are bought and sold after their initial issuance, allowing for liquidity and valuation of financial instruments.
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