Stressors That May Lead to Crises

question 5

Multiple Choice

Stressors that may lead to crises

• A)generally are unforeseen.
• B)may be normal,developmental phenomena.
• C)typically originate outside the individual or family.
• D)most often are traumatic.

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Definitions:

Zero-Balance Account

A type of bank account that maintains a balance of zero by automatically transferring funds from a master account in exact amounts to cover charges or checks presented.

Master Account

A primary account in financial management that holds funds or securities and from which transactions can be made.

Cash Management

The strategy of collecting, managing, and investing cash in a way that enables the company to meet its financial obligations while maximizing liquidity.

Lockbox System

A lockbox system is a banking service used by companies to expedite the collection and processing of accounts receivable by having checks mailed directly to a bank-operated address.