When incoming funds are distributed regularly, such as a paycheck or government distribution: direct deposit is preferred

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When incoming funds are distributed regularly, such as a paycheck or government distribution:

direct deposit is preferred because the bank knows your deposit patters and will overdraw your account if you have insufficient funds.

direct deposit is preferred because it offers a more efficient, timely, and secure method of distributing funds.

direct deposit is preferred and you will earn more interest on a direct deposit.

direct deposit is preferred because the risk of mistakes being made is removed and your account will be in balance

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Feb 12, 2024 01:35 PM

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When incoming funds are distributed regularly, such as a paycheck or government distribution: direct deposit is preferred

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