Examlex
List the four types of general-purpose applications, what each application is used for, and an example of each.
Outstanding Checks
Checks that have been written and recorded in the accounting records but not yet cleared or cashed by the bank.
Double Payment
A financial error where a payment is mistakenly sent or processed twice for the same invoice or obligation.
Checks Cleared
The process by which banks settle transactions, transferring money from the check writer's account to the beneficiary's account once the check is presented for payment.
Bank Reconciliation
The practice of aligning and scrutinizing numbers from financial records with the ones on a bank statement to guarantee they match.
Q2: Vicarious learning is a type of learning
Q16: _ software consists of operating systems, utilities,
Q16: External hard drives are used primarily to
Q22: What-if analysis is a very powerful and
Q28: Compare the high speed connection services: DSL,
Q40: _ ports are the standard high-speed networking
Q42: _ printers are printers connected to the
Q49: The _ is often referred to as
Q51: All of the brands that a consumer
Q62: Identify the four basic categories of hardware