The Objectives of a Zero Balance Account System for the Firm

question 58

Multiple Choice

The objectives of a zero balance account system for the firm include

• A) reduce disbursing float.
• B) achieve better control over its cash payments.
• C) increase cash balances in regional rather than national banks.
• D) All of the above are correct.

Understand the role and responsibilities of the shareholders, board of directors, and officers in a corporation.

Identify the factors and situations that necessitate shareholder approval in a corporation.

Understand the legal limitations and liabilities of corporate directors.

Recognize activities that could result in liability for corporate directors.

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Definitions:

Middle Childhood

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National Economy

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International Test

An assessment conducted across various countries aimed at evaluating and comparing the capabilities, knowledge, or skills of participants on a global scale.

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