Multiple Choice
A bank account that technically never has funds in it but is tied to another master account so that when checks are presented for payment the master account is debited,permitting the company to use its own money during the "float" period,is called a(n) :
A) cash account.
B) accrual account.
C) sweep account.
D) zero balance account.
Correct Answer:

Verified
Correct Answer:
Verified
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