A net deposit drain is the amount by which cash withdrawals exceed additions; a net cash outflow.

Name: A net deposit drain is the amount by which cash withdrawals exceed additions; a net cash outflow.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true. A net deposit drain occurs when the amount of cash withdrawals from a bank or financial institution exceeds the amount of cash deposits or additions made to the account. This results in a net cash outflow from the account.

A Net Deposit Drain Is the Amount by Which Cash