Which One of the Following Statements Is Correct

question 9

Multiple Choice

Which one of the following statements is correct?

• A)Funds received via automated clearinghouse transfers are available that day.
• B)A depository transfer check is the most costly means of transferring funds into a cash concentration account.
• C)The means selected to transfer funds into a concentration account depends primarily upon the size of the transfers.
• D)Concentration accounts are used to transfer funds to lockbox locations as needed.
• E)The most expedient means of transferring funds into a concentration account is a wire transfer.

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Definitions:

Nietzsche

Friedrich Nietzsche, a 19th-century German philosopher known for his critique of traditional moral values and the concept of the "will to power."

Courageous Person

An individual who displays bravery and willingness to face fear, pain, risk/danger, uncertainty, or intimidation.

Ayn Rand

A 20th-century Russian-American writer and philosopher best known for her philosophy of Objectivism and her novels "Atlas Shrugged" and "The Fountainhead."

Ethical Egoism

The thesis that people ought to act in their own self-interest.