Question: (Multiple Choice) Amounts that must be left on deposit and cannot be withdrawn are known as: A. compensating balances. B. dead monies. C. sinking funds.

(Multiple Choice)

Amounts that must be left on deposit and cannot be withdrawn are known as:

A. compensating balances.

B. dead monies.

C. sinking funds.

D. demand deposits.

E. None of these.

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