A Sweep Account Is a Checking Account That Automatically "Sweeps

question 2

True/False

A sweep account is a checking account that automatically "sweeps" all funds in a company's checking account above a predetermined minimum into an interest-bearing account.

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Definitions:

Organizing Principle

A core concept or belief that structures and guides the behavior of a system or society.

Evolutionary Change

The process by which species undergo modifications and adaptations over time leading to new species formations.

Genetic Material

The molecules inside cells that carry genetic information, primarily DNA and RNA, which determine hereditary characteristics.

Natural Selection

A process in biological evolution where organisms with traits better suited to their environment are more likely to survive and reproduce.