Examlex
Which of the following terms is not an alternative for master budget?
Zero-balance Accounts
Bank accounts that are maintained at a zero balance by automatically transferring funds from a master account in amounts only large enough to cover presented checks or debits.
Master Account
A central account that can control or aggregate several sub-accounts, often used in finance for managing investments or in banking.
Lockbox System
A service offered by banks to companies for the rapid collection of customer payments, by providing a special address to which payments are sent directly.
Opportunity Costs
The loss of potential gains from other alternatives when one alternative is chosen.
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