18-82 Under the Lagged Reserve Accounting System,the

question 57

Multiple Choice

18-82 Under the lagged reserve accounting system,the

• A)reserve maintenance period is two days longer than the reserve computation period.
• B)reserve maintenance period starts two days after the start of the reserve computation period.
• C)reserve maintenance period does not begin until seventeen days after the end of the computation period.
• D)reserve computation period starts on the same date as the reserve maintenance period.
• E)reserve computation period is two days longer than the reserve maintenance period.

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