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Category: Finance

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Finance

What is a bank transfer code? (with photo)

June 12, 2022 121bestadvisor

Many banks and other financial institutions offer domestic wire transfer services to their customers. A bank transfer code is a string of numbers and letters

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Finance

What is cash disbursement? (with photo)

June 12, 2022 121bestadvisor

Cash disbursement occurs when an institution pays money to an organization or person. Cash disbursement is a process by which a business pays money to

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Finance

What is the relationship between business finance and accounting?

June 12, 2022 121bestadvisor

Finance deals with the financing of a company’s operations; Accounting is about recording and reporting financial data. Business finance and accounting are two closely related

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Finance

What can I do if I lose a receipt? (with photo)

June 12, 2022 121bestadvisor

Most businesses keep copies of receipts, but it’s best to contact the store to see if a reprint is possible. If you’ve lost a receipt,

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Finance

What is a statement of income and expenses? (with photo)

June 12, 2022 121bestadvisor

An income and expense statement is designed to identify all forms of income and expenses in a given period of time. An income and expense

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Finance

What is the connection between a primary and secondary market?

June 12, 2022 121bestadvisor

The stock market only cares about the type of security and not how it is sold. The primary and secondary markets define how a security

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Finance

What are the different ways to transfer money between banks?

June 12, 2022 121bestadvisor

Records of an international bank transfer. There are not many different ways to transfer money between banks. In most cases, the person who wants to

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Finance

What is an autonomous risk?

June 11, 2022 121bestadvisor

Man climbing a rope Independent risk describes the danger associated with investing in a specific instrument or investing in a specific division of a company.

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Finance

What is a SOX audit? (with photo)

June 11, 2022 121bestadvisor

The SOX audit will start with a meeting between the auditors and company management. Sarbanes-Oxley is legislation passed by the US Congress that requires publicly

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Finance

What are the different ways to reduce the cost of capital?

June 11, 2022 121bestadvisor

The funds used to manage the day-to-day operations of a business are known as working capital. The old adage that you have to have money

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