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Daniel [21]
2 years ago
15

He notification accompanying a check that indicates the specific invoice being paid is called a:_________

Business
1 answer:
MatroZZZ [7]2 years ago
5 0

The statement that comes with a check to identify the precise invoice being paid is known as a remittance advice. In addition to the money, it also contains information that a customer delivers to a seller. These details include the invoice amount, text notes, invoice number, and payment methods.

A document or contract may be amended, a signature of authorization may be used, or a public statement of support may be made. It is a letter of communication informing the seller of which unpaid invoices have been paid in full by the buyer and how.

To learn more on remittance advice

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Similarities between organized Sector and Unorganised sector​
Reil [10]

Answer:

The sector which is registered and follows government rules and regulations, having employees and employee unions is called as an organised sector. ... The sector that comprises of small-scale enterprises or units and is not registered with the governmen

7 0
3 years ago
For-profit businesses and nonprofit organizations are similar in that they both: a. contribute to the welfare of society. b. hav
liraira [26]

Answer:

c

Explanation:

they all look forward to gain profit

7 0
3 years ago
How do organizations calculate various costs, and what do these calculations mean to business?
QveST [7]

Answer:

See the explanation section

Explanation:

Organizations calculate various costs with the help of the weighted average cost of capital. It is a significant cost measurement system through which organizations can calculate the cost of debt after tax, cost of new equities, cost of existing equities, and cost of preferred shares. WACC can be a benchmark for the organization. A firm needs to know those costs because it can make sure that whether those projects are running smoothly to continue or running worse to reject.

Another significant cost measurement method is the net present value. With the help of NPV, a business can make sure about a project to accept it or reject it.

8 0
3 years ago
One problem with the consumer price index stems from the fact that, over time, consumers tend to buy larger quantities of goods
Tcecarenko [31]

Answer:

Letter c is correct. <u>Substituition bias.</u>

Explanation:

Substitution bias is characterized as a problem regarding the price index of a particular good, as consumer behavior can be changed relative to the price of a particular good by changing its consumption from a more expensive product to a cheaper substitute product.

The concept of the substitution bias problem relates to consumer choice theory, which is a macroeconomic theory that describes consumer purchasing decisions and how changes in the environment influence their decisions.

6 0
3 years ago
Imagine Joanne has an employee, Cynthia, whose only job is to restock shelves in the kitchen. Whenever Cynthia is busy she has t
Triss [41]

The act of specialization is the division of a work process into distinct tasks that are necessary to the organisation or business but cannot be carried out by a single person.

What Are the Economic Impacts of Specialization?

  • When the innate differences in human productivity are accentuated along different skill lines, specialization and the complementary concept of division of labour occur.
  • A person becomes more economically specialised as they focus their productive efforts on an ever-narrower range of tasks.
  • The most obvious economic impact of specialization is the propensity for people to choose a variety of professions that are more in line with their interests, capabilities, chances, and education.
  • Economic agents that concentrate on a certain task become more adept at it. Because repetition and muscle memory increase productivity, both preschoolers and professional athletes practise before a game.

To know more about Specialization visit:

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7 0
2 years ago
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