Check Kiting, or Systematically Overdrawing Accounts, Is

question 6

Multiple Choice

Check kiting, or systematically overdrawing accounts, is:

• A) is used by most companies as an ethical means of handling cash reserves.
• B) the process of withdrawing all funds from a bank account as soon as the funds become available.
• C) the central core of a modern cash management system.
• D) is unethical and has mostly been eliminated.
• E) increasingly popular due to recent banking law changes.

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Definitions:

Pairs of Words

Involves two words grouped together, often for the purpose of analyzing linguistic, psychological, or semantic relations.

Hierarchical Model

An organizational framework that places elements, ideas, or entities in layers or levels of increasing complexity or specificity; often used in understanding knowledge structures and memory.

Collins and Loftus

Psychologists who developed the spreading activation theory of semantic memory, proposing that related concepts in memory are linked and that thinking about one concept can trigger related concepts.

Model Aspects

Various dimensions or features that are considered in the creation or analysis of models, which can encompass theoretical, physical, or computational elements.