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Sebastian Wrote a Check to Pay a Supplier's Invoice

question 13

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Sebastian wrote a check to pay a supplier's invoice. The check had to be signed by two company officers and was later part of a monthly bank reconciliation. The canceled check was filed under the supplier's name.
-Filing the check under the supplier's name is an example of:


Definitions:

Continuous Future

A futures contract that amalgamates several expiry contracts to create a continuous, extended trading period for investors.

Apple Computer

A technology company that designs, manufactures, and markets consumer electronics, software, and services, well-known for products like the iPhone and MacBook.

Stock Holdings

The portfolio of stocks or shares owned by an individual, institution, or entity, representing investment or ownership interest.

Reduction In Risk

A decrease in the uncertainty associated with the return on an investment or the outcome of an action, often pursued through diversification or insurance.

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