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A Checking Account That Never Has Idle Funds (Because It

question 24

Multiple Choice

A checking account that never has idle funds (because it draws funds from an interest-bearing master account to cover checks written) is called a ________ account.


Definitions:

User-Defined

User-defined refers to features, functions, or elements customized or defined by the user, offering flexibility to tailor systems or applications to specific needs or preferences.

Module-Defined

A characteristic or feature that is specified or determined by a particular module in a software system or hardware device.

Predefined

Refers to something that has been defined or set in advance before being used or implemented.

Fault Routine

A predefined sequence of actions in control systems that is executed when an error or fault condition is detected.

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