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    Principles of Managerial Finance
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    Exam 15: Working Capital and Current Assets Management
  5. Question
    Zero-Balance Accounts Are Checking Accounts in Which a Zero Balance
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Zero-Balance Accounts Are Checking Accounts in Which a Zero Balance

Question 182

Question 182

True/False

Zero-balance accounts are checking accounts in which a zero balance is maintained and the bank automatically covers all checks presented against the accounts.

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