The Bartholemew Bakery receives a lot of payments in cash.They deposit it in their local bank who invests the money in an interest bearing account until it is needed to pay bills.Which of the financial services banks offer,is the Bartholemew bakery taking advantage of?
A)Getting a consumer loan
B)Getting financial advice
C)Managing cash
D)Getting venture capital services
E)Buying a retirement plan

Question

Quizplus · Accepted Answer

The Bartholemew Bakery is taking advantage of managing cash services offered by the bank by depositing their cash payments into an interest-bearing account until it is needed to pay bills.

The Bartholemew Bakery Receives a Lot of Payments in Cash