A cash concentration account is frequently used as a source of funds for short-terminvestments. cannot be used

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A cash concentration account

		is frequently used as a source of funds for short-terminvestments.
		cannot be used to cover a compensating balance requirement.
		cannot be used to transfer funds into zero-balance accounts.
		is generally the only bank account a firm needs to efficientlymanage its cash.
		is another name for a controlled disbursement account.

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Smith and Roberson Business Law

Smith and Roberson Business Law

ISBN: 978-0538473637

15th Edition

Authors: Richard A. Mann, Barry S. Roberts

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Posted Date: Nov 24, 2022 07:40 PM

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