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CTP · Question #702

(Topic 8) A cash manager is responsible for a small subsidiary that has significant funds but only writes one check per month. Which of the following types of accounts would the cash manager use for…

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Question

  • (Topic 8)

A cash manager is responsible for a small subsidiary that has significant funds but only writes one check per month. Which of the following types of accounts would the cash manager use for this subsidiary?

Options

  • ANOW
  • BDemand deposit
  • CSavings
  • DMoney Market Deposit Account

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