A recent amendment to Fed regulation whereby any bank may present a check for payment to any pay bank by 8:00 A.M.local time and be paid by the close of the business day is
A) Expedited Settlement
B) Same-Day Settlement
C) Regulation CC
D) Regulation D
Correct Answer:
Verified
Q1: A centralized disbursement system results in:
A)Efficiency
B)Control
C)cost savings
D)all
Q2: A bank service that offers detailed "checks
Q4: For the Williams Company in the previous
Q5: An insurance company wishing to maintain control
Q6: A company that has small daily cash
Q7: Guiding principles for corporate disbursement system decisions
Q8: Even now remote disbursing practices by corporations
Q9: Less than half of the surveyed cash
Q10: Greenwich survey data indicate the most popular
Q11: The three major delays which together comprise
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