AFP Certified Treasury Professional CTP Question # 480 Topic 25 Discussion

AFP Certified Treasury Professional CTP Question # 480 Topic 25 Discussion

CTP Exam Topic 25 Question 480 Discussion:
Question #: 480
Topic #: 25

Which of the following statements are true about collected balances?

I. They can be lower than ledger balances.

II. They are influenced by the bank's availability schedule.

III. They exclude negative account balances.

IV. They may generate an earnings credit.


A.

II and III only


B.

I, II, and IV only


C.

I and IV only


D.

II, III, and IV only


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