The Movement of Money from Multiple Bank Accounts into One

question 338

Multiple Choice

The movement of money from multiple bank accounts into one main bank account for a firm is called:

• A) Lock boxing.
• B) Electronic disbursing.
• C) Cash concentration.
• D) Availability enhancement.
• E) Over-the-counter collection.

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Definitions:

Iliacus

A muscle of the pelvic region that acts with the psoas major to flex the thigh at the hip joint.

Biceps Femoris

A muscle of the thigh that forms part of the hamstrings, involved in knee flexion and hip extension.

Vastus Intermedius

is a muscle located in the thigh, lying deep to the rectus femoris and part of the quadriceps muscle group.

Rectus Femoris

A muscle in the quadriceps that extends the knee and helps in hip flexion.