Question: Which statement is true concerning a controlled disbursement account?Multiple Choice 8 0 1 : 0 4 : 4 9 The total number of checks that
Which statement is true concerning a controlled disbursement account?Multiple Choice::The total number of checks that can be written in any one month is limitedThe number of checks that can be disbursed on any one day is limitedThe amount that can be disbursed on any given day is limited to the balance in the account when the bank opens in the morning.The bank will inform the firm of the amount that needs to be transferred on a daily basis.The amount of the disbursements is limited to the amount the firm has available on its bank line of credit
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