Listed Below Are Six Terms Followed by a List of Phrases

question 47

Multiple Choice

Listed below are six terms followed by a list of phrases that describe or characterize the terms.Match each phrase with the best term by placing the letter designating the term in the space provided.
-____ Fees imposed by the bank to the company for providing routine services.

• A)Bank service fees
• B)Deposits outstanding
• C)Interest earned
• D)NSF checks
• E)Company error
• F)Checks outstanding

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Definitions:

Price Hike

An increase in the listed price of goods or services, often due to increased costs or higher demand.

Sales Forecast

An estimate of the amount of products or services a company expects to sell in a future period, which is crucial for budgeting and planning purposes.

Net Operating Income

The profit a company makes from its regular business operations, excluding expenses and revenue from non-operational activities.

Price Hike

A general increase in the cost of goods and services, often due to inflation or increased production costs.