What is the difference between a ZBA and a controlled disbursement account? Are they direct substitutes?

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Introduction to Corporate Finance

ISBN: 978-0324657937

2nd edition

Authors: Scott B. Smart, William L Megginson

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Question Posted: May 13, 2015 06:07 AM

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What is the difference between a ZBA and a controlled disbursement account? Are they direct substitutes?

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A zero balance account always has an endofday balance ...View the full answer

Introduction to Corporate Finance

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