A Compensating Balance Occurs When a Bank May Require a Company

question 44

True/False

A compensating balance occurs when a bank may require a company to maintain a maximum cash balance.

---

Definitions:

Fatal Injuries

Injuries resulting in death, typically due to accidents, violence, or severe health issues.

Preschoolers

Young children typically between the ages of 3 to 5 years, who are in the developmental phase prior to entering elementary school.

Zoonoses

Diseases transmitted from animals to humans.

Blastomyces Dermatitidis

A fungal species that causes blastomycosis, a rare but potentially serious infection affecting the lungs, skin, and other body parts.