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CTP · Question #599
CTP Question #599: Real Exam Question with Answer & Explanation
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Question
- (Topic 6) Which of the following statements is true about threshold concentration?
Options
- AWire transfers are initiated on the basis of deposit information.
- BDaily transfers are often needed to maintain balances at the desired level.
- CBalances are set and funds above that level are transferred to the concentration bank.
- DBalances are transferred to the concentration bank after reaching a predetermined level.
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