A money market account combines deposit accounts with a brokerage account, provides a single consolidated statement, and "sweeps" the unused balance from the checking account to a savings account daily
Indicate whether the statement is true or false.
Answer: FALSE
Business
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How much value would be added to a firm that could permanently reduce its collection period by two days if daily collections average $10,000 and the opportunity cost is 5 percent annually?
A) $10,000 B) $1,200 C) $20,000 D) $1,000
Business
Among the five main bodies/organs of the United Nations (UN) are:
A. Security Council B. Economic and Social Council C. Secretariat D. all of the above
Business