Travelers Checks

Business / Accounting / Travelers Checks: Documents that function as cash but can be replaced if lost or stolen. Travelers’ checks are often used when traveling to other countries.

Travelers Checks

Business / Accounting / Travelers Checks: Documents that function as cash but can be replaced if lost or stolen. Travelers’ checks are often used when traveling to other countries. MORE

Preauthorized Checks (PAC)

Business / Finance / Preauthorized Checks (PAC): Checks that are authorized by a payer in advance, and written either by the payee or by the payee's bank and then deposited in the payee's bank account. MORE

Independent Checks

Business / Accounting / Independent Checks: Procedures for continual internal verification of other controls. indirect method: A method of reporting net cash flow from operations that involves converting accrual-basis net income to a cash basis MORE

Links
Home
Glossary
Thesaurus