In This Type of Arrangement,any Balances Above a Certain Amount

question 9

Multiple Choice

In this type of arrangement,any balances above a certain amount in a corporation's checking account at the end of the business day are "removed" and invested in overnight securities that pay the corporation interest. This innovation is referred to as a

• A)sweep account.
• B)share draft account.
• C)removed-repo account.
• D)stockman account.

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Definitions:

Learning Disabilities

Refers to a variety of disorders that affect the ability to learn specific academic skills, such as reading, writing, or mathematics.

Academic Achievement

A measure of a student's scholastic accomplishments and proficiency, often assessed through grades, tests, and other criteria.

IQ

Intelligence Quotient, a standardized score meant to measure human intelligence, derived from various tests assessing cognitive abilities.