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AFP Certified Treasury Professional CTP Question # 286 Topic 6 Discussion

AFP Certified Treasury Professional CTP Question # 286 Topic 6 Discussion

CTP Exam Topic 6 Question 286 Discussion:
Question #: 286
Topic #: 6

A cash manager is responsible for a small subsidiary that has significant funds but only writes one check per month. Which of the following types of accounts would the cash manager use for this subsidiary?


A.

NOW


B.

Demand deposit


C.

Savings


D.

Money Market Deposit Account


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