The Check Clearing Act for the 21^st Century Has Caused

question 26

Multiple Choice

The Check Clearing Act for the 21^st Century has caused:

• A)increased check kiting.
• B)zero-balance accounts to disappear.
• C)the elimination of all lockboxes.
• D)a reduction in collection float, but not disbursement float.
• E)a reduction in both collection and disbursement float.

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Definitions:

Bacteriophage

A type of virus that infects bacteria, often used in molecular biology research and potential antibacterial therapies.

Retrovirus

A type of virus that uses RNA as its genetic material and reversely transcribes its RNA into DNA for integration into the host's genome.

Photoautotrophs

Entities that perform photosynthesis, creating nourishment from carbon dioxide and water by harnessing the energy from sunlight.

Chemoautotrophs

Organisms that obtain their energy through the oxidation of inorganic molecules, rather than from sunlight.