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Option (A) - The depository bank must present a check to the payer bank for collection.
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Which of the following is a correct statement regarding the check collection process? O A. The...
Which of the following is not a strategy to expedite the collection and check-clearing process? A) Utilizing electronic payment between banks. B) Mailing checks and waiting for the check to clear. C) Utilizing a variety of collection centers throughout a marketing area. D) Utilizing a lockbox system.
Choose the correct statement(s) regarding the entropy generation (Sgen) (multiple answers possible) O A. The value of entropy generation is zero during an internally reversible process OB. A process featured with negative entropy generation is impossible OC. Entropy generation is a property of a system D. Entropy generation is always a positive quantity or zero
O.a. What can the Federal Reserve System do to correct a credit crunch? Lower the reserve requirement to encourage more lending at higher interest rates, Keep selling T-bills to drive up interest rates so bank lending is more attractive. O c Encourage companies and consumers to borrow by lowering the discount rate. d. Keep buying T-bills from member banks to encourage banks to make loans to consumers and companies. Ob.
22- Which of the following statements is most correct? a. A venants in mortgage bond is one that allows the same assets to be used as security in future bond issues. b. Covenants in a trust indenture restrict or limit the actions the firm c c. Retractable bonds can be redeemed prior to maturity by the firm. d. All of the above are correct. 23-Wh a. Setting reserve requirements b. Altering the discount rate, c. Through federal open market operations...
Which of the following is a correct statement regarding the Religious Freedom Restoration Act (RFRA)? Select one: a. It holds that the federal government may, as a statutory matter, substantially burden a person’s exercise of religion. b. It does not apply to actions by state governments. c. In instances where a generally applicable federal law substantially burdens the exercise of religion, the government must satisfy the rational basis test. d. It does not apply to actions by the federal government.
Which of the following is an INCORRECT statement regarding commercial wire transfers? O A. Consumer electronic funds transfers are not subject to Article 4A OB. A customer of a bank may request the bank to pay another party by wiring funds to the other party's bank account. O C . Article 4A applies only to commercial electronic funds transfers OD. Uniform Contracts Code Article 2 governs commercial wire transfers OE. The customer is liable to pay the bank for any...
Which of the following is correct regarding standard costing systems? O A standard costing system can be used in a job-costing environment but not in a process-costing environment O A standard costing system cannot be used in a job-costing environment O A standard costing system uses predetermined values for direct material, direct labor, and manufacturing overhead A standard costing system uses actual values for direct material, direct labor, and manufacturing overhead
QUESTION 1 Which of the following is NOT a correct statement regarding a unimolecular irreversible reaction? The rate will vary throughout the reaction The units of the rate of the reaction are 1/sec The units of the rate constant of the reaction are 1/sec This reaction will never reach an equilibrium QUESTION 3 The base common to the structures of Acetyl COA, NAD and FAD IS Adenosine Cytosine Flavin Nicotinamide QUESTION 4 glycosidic linkages, that be digested by animals Cellulose...
18 Congress has the legal right to force the Federal Reserve Bank to accept and carry out their suggested recommendations regarding Monetary Policy. 8 03:57:44 True or False True False 19 The Federal Reserve Bank is the chief regulatory agency among all of the financial regulatory agencies like the SEC, FDIC, etc... The Federal Reserve Bank has the most regulatory power. 03:57:40 Multiple Choice This is foise - the US Treasury Department has the most regulatory power in the U.S....
which of the following is a correct statement regarding tenancy by the entirety? A. Tenancy by the entirety must be created by express words. B. Tenancy by the entirety is also known as tenancy in common. C. Tenancy by the entirety may be created either expressly or implicitly. D. Tenancy by the entirety is also known as joint tenancy. E. Tenancy by the entirety can be used by any cohabitating couple.