Which of the Following Is Not a Reason for a Client

question 50

Multiple Choice

Which of the following is not a reason for a client to employ cash management techniques?

• A) Speed the collection and deposit of cash.
• B) Reduce the effect of compensating balances.
• C) Reduce the amount of paperwork.
• D) Automate the cash management process.

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Definitions:

Slaves

People who were forced into bondage and ownership by others, deprived of personal freedom and compelled to perform labor or services without compensation.

State

A politically organized body of people usually occupying a defined territory and governed by an authority that has the power to make and enforce laws.

Territory

An area of land under the jurisdiction of a ruler or state, often referring to regions before they achieve statehood within the United States.

Emancipated Slavery

The act or process of freeing individuals from slavery, often through legal means such as the Emancipation Proclamation in the United States.