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CTP · Question #377
CTP Question #377: Real Exam Question with Answer & Explanation
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Question
- (Topic 4) An analyst at XYZ United is in charge of setting up the bank accounts. Fraud is a major concern due to the analyst's past experience with previous employers. The analyst has in short-term investment grade investments. The company's closest competitor earned 4.1% for its surpluscash in its latest fiscal year. What bank service should the analyst use to maximize the company's surplus cash?
Options
- APayable Through Draft
- BReverse Positive Pay
- CZero Balance Account
- DControlled Disbursement
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