Examlex
A study on ethical practices in purchasing found that smaller firms frequently make agreements with other organizations to purchase each other's products and services.This practice is referred to as
Single Employee
Refers to an individual worker within an organization, focusing on aspects related to their employment status or conditions.
Compensating Balance
A minimum cash balance required by some banks to be maintained in a bank account.
Maximum Cash Balance
The highest amount of cash that a company aims to hold at any given time.
Internal Control
Protocols and processes designed by a business to secure the authenticity of its financial and accounting information, enhance accountability, and impede fraudulent operations.
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