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7 . 3 Control Features of a Bank Account Why would a large national company maintain multiple bank accounts? A national company would require more
Control Features of a Bank Account
Why would a large national company maintain multiple bank accounts?
A national company would require more banking services than any one bank could provide.
Multiple bank accounts prevent fraud by providing external reviews for one another.
Regional accounts would provide increased control and operational efficiency.
A large company would receive better service from a smaller bank and would therefore need to bank at several banks.
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