Value dating refers to the practice in which banks delay availability of deposited checks and
A) Delaying the availability of deposited checks
B) retroactively advance the debit date for cleared checks
C) results in easier monitoring by the company of its bank balance
D) 'a' and 'b'
E) all of the above
Correct Answer:
Verified
Q21: Daylight overdrafts occur:
A)When a bank's Federal Reserve
Q22: Location,service quality and breadth,bank specialties,_,and _ are
Q23: Cross-border check processing typically involves clearing delays
Q24: Why is the availability schedule so important
Q25: CHIPS refers to the payment system that
A)handles
Q26: "Double-counting"
A)never occurs at small banks
B)is consider unethical
Q27: Out of the following,which cash management activity
Q28: In September,the Johnson Company utilizes direct sends
Q29: Compensating balances have the following advantages EXCEPT:
A)Have
Q31: An insurance company has recently begun collecting
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