If a depositor in First Bank takes a check written on Valley Bank to First Bank to deposit, it will not normally be credited to his account until collected from the payor bank

a. True
b. False
Indicate whether the statement is true or false

False

Business

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What is the flow that a systems thinking approach using a TPS would follow?

A. Streamlining (Input)-CRUD, Calculate (Process)-Reports (Output) B. Source Documents (Input)-Optimization Analysis (Process)-(Feedback)-(Output) C. Source Documents (Input)-CRUD, Calculate (Process)-Reports (Output)-(Feedback) D. Selling Documents (Input)-Cycle Time (Process)-Reports (Output)-(Feedback)

Business

An I bond is an accrual-type bond, meaning that interest is added to the value of the bond and paid when the bond is cashed in

Indicate whether this statement is true or false.

Business