When a Cheque Is Cleared Against a Bank, It Will

question 130

Multiple Choice

When a cheque is cleared against a bank, it will lose:

• A)cash and securities.
• B)demand deposits and cash reserves.
• C)reserves and stock shares.
• D)loans and demand deposits.

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Definitions:

Labor Costs

Expenditures related to employing staff, including wages, benefits, and taxes.

Supply Chain

The entire system of producing and delivering a product or service, from the very beginning of sourcing the raw materials to the final delivery of the product or service to end consumers.

Net Value

The difference between the total benefits and total costs of an investment or action, taking into account all relevant financial factors.

Supply Chain Cost

The accumulated costs associated with all activities in the supply chain, including production, transportation, and distribution.