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A Sweep Account Automatically "Sweeps" All Funds in a Company's

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True/False

A sweep account automatically "sweeps" all funds in a company's checking account above a predetermined minimum into an interest-bearing account, enabling it to keep otherwise idle cash invested until it is needed to cover checks.


Definitions:

Ménière's Disease

A disorder of the inner ear causing vertigo, ringing in the ear (tinnitus), and hearing loss.

Labyrinth Dysfunction

A disorder affecting the inner ear's complex system, leading to issues with balance and hearing.

Otosclerosis

A hearing loss condition caused by abnormal bone growth in the middle ear, hindering the ears’ ability to transmit sound.

Bilateral Hyperacusis

A condition characterized by an increased sensitivity to normal environmental sounds in both ears.

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