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3. Explain liquidity? Which part of the current assets in a balance sheet are the mo liquid? Why? 4. Differentiate between cash disbursements and cash
3. Explain liquidity? Which part of the current assets in a balance sheet are the mo liquid? Why? 4. Differentiate between cash disbursements and cash receipts. Give examples 5.Enumerate some of the bank activities and services. 6. Explain the difference between debit cards and credit cards. What are some of th the bank is taking when issuing credit cards? 7. What causes the difference between the bank balance and the cash balance of a company? 8. Explain the following terms A. SC B. NSF C. PMT 9. What are outstanding cheques ? 10 What is deposit in transit ? What causes this? 3. Explain liquidity? Which part of the current assets in a balance sheet are the most liquid? Why? 4. Differentiate between cash disbursements and cash receipts. Give examples 5.Enumerate some of the bank activities and services. 6. Explain the difference between debit cards and credit cards. What are some of the risks the bank is taking when issuing credit cards? 7. What causes the difference between the bank balance and the cash balance of a company? 8. Explain the following terms A. SC B. NSF C. PMT 9. What are outstanding cheques? 10 What is deposit in transit ? What causes this
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