The Standard Bank Confirmation Should Be Sent to All Banks

question 94

True/False

The standard bank confirmation should be sent to all banks used by the client during the year,including those with a zero balance.

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Definitions:

Communication Means

Various methods or systems used to convey information or messages from one person or entity to another.

Binding Contract

An agreement legally recognized and enforceable by law.

Essential Terms

Key conditions or terms in a contract that are crucial to the agreement’s operation and must be clearly defined and agreed upon by all parties involved.

Date Of Completion

The specified date when the parties to a contract agree that a project or work must be finished.