Which of the Following Is a Checking Account That the Firm

question 112

Multiple Choice

Which of the following is a checking account that the firm sets up so that the bank agrees to automatically transfer funds from an interest-bearing account to pay off any checks presented?

• A) Lockbox system
• B) Concentration banking
• C) Wire transfers
• D) Zero-balance account

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Definitions:

Cout

An output stream object in C++ used to output data to the standard output device, usually the screen.

"Enter The Price:"

Represents a string literal, often used as a prompt for input in programming.

Scanf

A standard function in C that allows for formatted input from the user or a file.

"%lf"

A format specifier in C/C++ used in conjunction with printf or scanf functions to represent or read a double precision floating point number.