Distinguish between financial and non financial transaction
Apr 28, 2022 · A financial transaction is an agreement, communication, or movement carried out between a buyer and a seller to exchange an asset forpayment. It involves a change in the status of the finances of ...
Should the purely financial transactions be included in GDP ...
Apr 28, 2022 · no. remember that GDP is a measure of the total market value of a country's output at a "given time period" .When making a Pure financial transaction no "current" production has taken place.The ...
What is non productive transaction? - Answers
Sep 18, 2023 · The non ON-US transaction is the transaction, which is made on the ATM or POS terminal of the bank other then the bank that issued the card. For an example, if I swiped my ICICI credit card in ...
What is a blue screen transaction in banking? - Answers
Oct 22, 2024 · A blue screen transaction in banking refers to a transaction that is conducted by a bank teller using a computer system with a blue screen interface. This type of transaction typically involves ...
What banks still use KTT? - Answers
Oct 22, 2024 · Oh, dude, you're asking about KTT, huh? Well, technically, KTT stands for Key Tested Telex, a secure way to communicate financial information between banks. Some banks still use it, but it's kinda ...
What does DES settlement mean on your bank statement?
Oct 19, 2024 · A "DES settlement" on your bank statement likely refers to a Direct Entry System (DES) transaction settlement. This indicates that funds have been transferred electronically between accounts using ...
What bank does the routing number 074909962 belong to?
Aug 9, 2024 · JP Morgan Chase - Bank routing numbers, also referred to as Routing Transit Numbers (RTN) are used to identify a financial institution in a transaction. Some banks may have multiple routing ...
What bank uses routing number 541210032? - Answers
Oct 16, 2024 · Routing numbers are unique identifiers assigned to financial institutions by the American Bankers Association (ABA). They are used for various financial transactions, including direct deposits ...
Why is ledger called the king of all books? - Answers
Apr 28, 2022 · An accounting record of the balances of all assets and liabilities and equity accounts is called a.compound entry. b. general journal. c. general ledger.
How can you find out why an approver rejected your transaction?
Sep 16, 2023 · Click the transaction's Rejected link adn review the information on the Approval History tab. ... and the transaction may be delayed in being reported at the month's end financial close. Otherwise ...