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Q: Which transaction method should you choose when talking to a bank employee?
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What is a bank green screen transaction?

There appears to be no green screen in banking transactions. A blue screen in banking is a method of choosing details of trade.


How do banks enforce an arm's length transaction?

Most banks will not approve a transaction, either from the loan approval side or the short sale approval side if there is a known relationship between the buying and selling parties. While it is possible for banks to be unaware of the relationship, the fraud systems most banks use when processing loans or transactions are usually very effective at detecting possible relationships. Shared prior addresses, maiden names, and other indicators are indicative of possible relationships. The enforcement method is denial of the loan or sale request.AnswerBanks enforce an arm's length transaction by enforcing the contract that governed the transaction.


WHAT IS A BUSINESS CONVENTION?

Organizational structure refers to the method that an organization arranges employee to increase the productivity and achieve the organization goals. It defines the task, responsibilities, work roles and relationship, and channel of communication.


What is flat benefit formula?

Flat benefit formula is a method used by the company to calculate the contribution of the employer to the benefit plan of the employee. It is computed through the month of service and multiplies it by the predetermined monthly rate.


What is cash basis accounting?

Cash basis accounting is the method of tracking finances at the time that cash is exchanged. So, when a customer pays you cash, you would record the transaction; when you pay for your expenses with cash, you would record the transaction. Cash basis differs from ACCRUAL BASIS accounting, which tracks the funds based on when the transaction created a debt. So, in accrual accounting, you would record a transaction when you issue an invoice (requiring payment) because ACCRUAL accounting recognises this invoice as an asset, even though it has not yet been realised. Similarly, when you receive a bill from a client or utility, that bill (in accrual accounting) is recorded as a debt, even though it has not yet been paid. So CASH ACCOUNTING and ACCRUAL ACCOUNTING differ in the TIMING of the record of when the transaction is paid - at time of exchange of cash/funds or at time of notice of requirement to pay. - Xavier

Related questions

What is a method of approximating cost functions?

Transaction analysis


Is a method of approximating cost functions?

Transaction analysis


Different between training and development.explain the different method of employee training?

distinguish between employee training and employee development


What is Communicative style?

Communication style is the method in which a person chooses to say something to someone else. Some people choose to communicate via talking for example.


What is cash-basis method?

Cash basis method is that in which all business transactions are recorded when actual cash is paid and not when actual transaction occured.


Role of HR manager in performance appraisal?

First, The HR manager needs to do a Job analysis to see the the job description of the employee and the responsibilities. Second, The HR manager needs to choose PA method to which he is going to use. Finally, The HR manager needs to the necessary rating to see if the employee forfills the necessary critera.


How does one use the choose and move method?

You use the choose and move method by choosing a house that you like and moving into the house as soon as possible. It is a very simple and easy process.


What is choose a strategy?

Decide which method you will use to solve the problem.


What is a statement that can be tested to answer a question?

Hypothesis, if you're talking about the scientific method.


Which English teaching method does TTT describe?

teacher talking time


Why do you have to declare cash over 10000?

If you are referring to Currency Transaction Reporting, it is a method used the US government to identify potential money laundering.


How long does it take for a charge to show up on your credit card?

Probably same day, done electronically. Depends on merchants method of transaction.