Efficient Funds Management Attempts to Reduce Mailing and Clearing Time

question 54

Multiple Choice

Efficient funds management attempts to reduce mailing and clearing time.Two methods do this by:

• A)moving collections and deposits closer together in concentration banks; and moving surplus funds quickly by wire transfers.
• B)moving mailing points to cross country locations and using depository drafts to transfer funds.
• C)drawing cheques against zero balance accounts and using cross country mailing.
• D)wiring funds to zero balance accounts and using lockboxes in many cities.
• E)None of the above.

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Definitions:

Conditional Regard

A form of approval or affection given to someone only when they meet certain expectations or criteria.

Self-Esteem

The subjective evaluation of one's own worth, encompassing beliefs about oneself as well as emotional states such as triumph, despair, pride, and shame.

Experiential World

Refers to the individual subjective perception and interpretation of the world around them, shaped by personal experiences and cognitions.

Experiential World

Refers to an individual's subjective perception and interpretation of the world around them, heavily influenced by personal experiences and emotions.