The Fastest but Most Expensive Way to Transfer Surplus Funds

question 52

Multiple Choice

The fastest but most expensive way to transfer surplus funds from the local deposit bank to the concentration bank is:

• A) a lockbox system.
• B) a mail float system.
• C) a wire transfer.
• D) an in-house processing float system.
• E) an availability float system.

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Definitions:

Semantic Network

A conceptual framework that represents semantic relations between concepts in a network of interconnected nodes.

Shallow Processing

A cognitive processing approach that involves minimal attention to detail and is focused more on the surface aspects than deeper understanding.

Lab Demonstration

A controlled and guided presentation of scientific principles or experiments conducted in a laboratory setting.

Study Strategy

Approaches and methods used to enhance learning and retention of information, tailored to an individual's learning style and the material to be learned.