Quiz Ch 19 – Cash Management Accounts

Fundamentals of Corporate Finance

Ross, Westerfield, and Jordan

13th Edition

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What type of account is used in cash management systems where funds are deposited in an amount exactly equal to the value of the checks presented for payment that day?

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  • Search Terms: a) ________ a account account. amount an are balance e) called checks compensating concentration c) day deposited equal exactly for funds in into is lockbox b) of payment presented revolving that the to value which zero-balance d)
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