What Is a Compensating Balance

question 91

Multiple Choice

What is a compensating balance?

• A) short-term investments with original maturities that are less than one year
• B) negative cash balance that occurs when a company writes a check in an amount that exceeds the account balance
• C) short-term liquid investment with original maturity of three months or less
• D) minimum cash balance required to be maintained by a credit agreement

Understand the purpose and use of the Action Catalog and Macro Design View.

Learn the conversion process of macros to VBA code.

Understand the basic functions and elements of macros in Access.

Learn how to run, debug, and manage the execution flow of Access macros.

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Definitions:

Independence

The state or quality of being self-governing, self-reliant, and not influenced or controlled by others in matters of opinion, conduct, decision-making, etc.

Dialectical Behavior

A therapeutic method that combines standard cognitive-behavioral techniques with concepts from Eastern meditation, focusing on acceptance and change.

Marsha Linehan

is recognized for her development of Dialectical Behavior Therapy (DBT), a comprehensive cognitive-behavioral treatment for borderline personality disorder.

Cognitive-Behavioral

Relating to a therapeutic approach that addresses dysfunctional emotions, behaviors, and cognitions through a goal-oriented, systematic process.