Briefly describe each of the following disbursement products/methods: Zero-balance accounts (ZBAs) Controlled disbursement Positive

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Briefly describe each of the following disbursement products/methods:
• Zero-balance accounts (ZBAs)
• Controlled disbursement
• Positive pay
How does a ZBA relate to the firm’s target cash balance?

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Introduction to Corporate Finance What Companies Do

ISBN: 978-1111222284

3rd edition

Authors: John Graham, Scott Smart

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Question Posted: Mar 26, 2015 06:57 AM

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Briefly describe each of the following disbursement products/methods: Zero-balance accounts (ZBAs) Controlled disbursement Positive

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A zero balance account always has an endofday balance of zero This eliminates nonearning cash balanc...View the full answer

Introduction to Corporate Finance What Companies Do

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