Goodbye Mr. Chips important Short Question Answers PDF
Mr. Chips Important Question Answers
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Mr. Chips important Question Answers
Chapter Wise Mr Chips Question/Answers
Most Important Mr Chips Questions
Non-cash payments for goods and services, as well as in connection with financial obligations, are carried out in various forms, each of which has specific features in the nature and movement of settlement documents. The payment form is a set of interrelated elements, which include the method of payment and the corresponding document flow. Document circulation is a system of registration, use and movement of settlement documents and funds, which includes: issuance of an invoice by the consignor and its transfer to other participants in the settlements; the content of the settlement document and its details; the terms for compiling the settlement document and the procedure for presenting it to the bank, as well as to other participants in settlements; movement of a settlement document between banking institutions; procedure and terms of payment of the settlement document, transfer and receipt of funds; the procedure for using the settlement document for mutual control of the settlement participants and the implementation of measures of economic impact.
The first principle of non-cash payments in market economic conditions is their implementation on bank accounts that are opened for customers to store and transfer funds. The first principle of non-cash payments in market conditions is relevant to both legal entities and individuals, while previously it concerned exclusively legal entities, since there was a clear legislative distinction between the sphere of cash and non-cash money circulation.