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A Banking Sub-Account That Is Used for a Particular Disbursement

question 32

Multiple Choice

A banking sub-account that is used for a particular disbursement purpose and into which funds are
deposited only as needed to cover cheques presented for payment is called a ______ account.


Definitions:

Trade Unions

Organizations formed by workers from related fields that work for the collective interests of its members including better working conditions, wages, and benefits.

Illegal Organizations

Entities that operate with purposes or methods that are against the law in the jurisdiction where they exist.

Dismiss

To officially decide to not proceed further with a case or claim in a court of law.

Employer's Right

The set of legal entitlements and powers that an employer has over its workforce and in the conduct of its business.

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