A Bank Account That Technically Never Has Funds in It

question 53

Multiple Choice

A bank account that technically never has funds in it but is tied to another master account so that when checks are presented for payment the master account is debited,permitting the company to use its own money during the "float" period,is called a(n) :

• A)cash account.
• B)accrual account.
• C)sweep account.
• D)zero balance account.

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Definitions:

Psychoanalysis

A therapeutic approach that seeks to explore unconscious motives and conflicts as determinants of behavior.

Conscious

Conscious refers to the state of being awake and aware of one’s surroundings, thoughts, feelings, and existence.

Unconscious

The part of the mind that is not currently in focal awareness, hosting thoughts, memories, and desires that are not easily accessible but influence behavior and emotions.

Psychoanalyst

A therapist who practices psychoanalysis, a method of psychotherapy originating from the theories of Sigmund Freud, focusing on unconscious processes influencing behavior.