Which of the Following Statements Concerning "Zero Balance" Systems Is

question 35

Multiple Choice

Which of the following statements concerning "zero balance" systems is (are) correct?

• A)Zero balance systems help utilize disbursement float more effectively.
• B)Exactly enough funds are transferred into the zero balance accounts each day to cover the checks that have cleared.
• C)The function of the concentration account is to receive all deposits coming into the zero balance system.
• D)all of these answers are correct

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Definitions:

Positive Emphasis

The practice of focusing on or highlighting the positive aspects of a situation, product, or service.

Negative Situation

An adverse or undesirable circumstance or event.

Euphemism

A mild or indirect word or expression used to replace one considered too harsh or blunt when referring to something unpleasant or embarrassing.

Negative Connotations

Words or phrases that evoke negative feelings or associations.