The Practice of and Procedures for Moving Cash from Multiple

question 185

Multiple Choice

The practice of and procedures for moving cash from multiple banks into a firm's centralized bank account(s) is known as _____________.

• A) Cash concentration.
• B) Strategic cash disbursement.
• C) Transfer flotation.
• D) Payables management.
• E) Float management.

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Definitions:

Transference

A phenomenon in psychoanalysis where patients unconsciously redirect feelings for a significant person in their past to the therapist.

Psychoanalyst

A therapist who practices psychoanalysis, a method of psychotherapy originating from the theories of Sigmund Freud, focusing on unconscious processes.

Insight

The ability to understand the inner nature of things or to intuitively grasp complex situations.

Transference

A psychological phenomenon where feelings, desires, and expectations of one person are redirected and applied to another person, often occurring in patient-therapist relationships.