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CTP · Question #465

CTP Question #465: Real Exam Question with Answer & Explanation

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Question

  • (Topic 5) Which of the following would MOST LIKELY cause a decrease in a company's deposited checks availability?

Options

  • AThe depository bank institutes an earlier deposit deadline.
  • BThe Federal Reserve implements same-day presentment.
  • CThe company's lockbox bank implements weekend processing.
  • DThe company encodes its own checks prior to deposit.

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