Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Dec 14, 2023

A central location where representatives of area banks meet and settle balances with only one institution is termed a (an) a. automated clearing house (ACH)

A central location where representatives of area banks meet and settle balances with only one institution is termed a (an)

a. automated clearing house (ACH)

b. Regional Check Processing Center

c. clearing house

d. communications and records center

Step by Step Solution

★★★★★

3.25 Rating (154 Votes )

There are 3 Steps involved in it

Step: 1

The detailed answer for the above question is provided below The answer is c clearing house ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Algebra

Authors: Margaret Lial, John Hornsby, Terry McGinnis

13th Edition

0134895983, 978-0134895987

More Books

Students explore these related Banking questions

Question

Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...

Answered: 3 weeks ago

Question

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Answered: 3 weeks ago

Question

The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...

Answered: 3 weeks ago

Question

What is the significance of communication between managers and their subordinates, and how does it impact employee performance?

Answered: 3 weeks ago

Question

A square plate of copper with 50.0-cm sides has no net charge and is placed in a region of uniform electric field of 80.0 kN/C directed perpendicularly to the plate. Find (a) The charge density of...

Answered: 3 weeks ago

Question

4. I am able to influence decisions that affect my organization.

Answered: 3 weeks ago

Question

Interpret and summarize each of the residual plots in Figure 8.36. (a) 99.9 99- Percent 95- 90- 801 70 60 50 40 30. 20- 10- 5- 1 0.1- -4 -2 0 2 Standardized residual (b) 99.9 99 95 90 Percent 80 70...

Answered: 3 weeks ago

Question

Orange Corp. has two divisions: Fruit and Flower. The following information for the past year is available for each division: Orange has established a hurdle rate of 12 percent. Required: 1. Compute...

Answered: 3 weeks ago

Question

Cost accounting coordinates product design, production and marketing decisions and evaluate a company's performance Teasures the costs of acaulring or using resources in an organization communicates...

Answered: 3 weeks ago

Question

Ellen considered saving $10,000 per year for her retirement. Although $10,000 is the most she can save in the first year, she expects her salary to increase each year so that she will be able to...

Answered: 3 weeks ago

Question

Making a report by doing a research about "the technology trends transforming the accounting profession in Australia" from at least three different sources related to an area that is of operational...

Answered: 3 weeks ago

Question

Use the figure on p. 21 to find the a) annual base premium, and b) annual premium. All po $50 deductible for both comprehensive and collision. 4. Jill Wilson uses her vehicle primarily for pleasure....

Answered: 3 weeks ago

Question

At the bottom of tests.py, below the test procedures, you should add the script code. Add the comment Script Code followed by calls to the two test procedures. Make sure to call test matching parens...

Answered: 3 weeks ago

Question

Sorbet servings: each serving equals one SKU; each SKU weighs 1 2 5 gram; SKU s are packaged in boxes of 4 ; one standard ( Australian ) pallet takes 1 2 5 boxes. The box size is 2 0 0 mm x 2 0 0 mm...

Answered: 3 weeks ago

Question

5. Cumulative frequencies A statistics content developer at Aplia wanted to know whether study skills are related to memory quality. She invited students to perform an online memory task. The...

Answered: 3 weeks ago

Question

The Gable Company manufactures trendy, high-quality, moderately priced watches. As Gable's senior financial analyst, you are asked to recommend a method of inventory costing The chief financial...

Answered: 3 weeks ago

Question

A new electronic process monitor costs $990,000. This cost could be depreciated at 30% per year (Class 10). The monitor would actually be worth $100,000 in five years. The new monitor would save...

Answered: 3 weeks ago

Question

Les has collected stamps in his spare time for years. He purchased many of his stamps at a price much lower than the current market value. Les recently lost his job as a carpenter. Since his wife...

Answered: 3 weeks ago

Question

Solve each system. If a system is inconsistent or has dependent equations, say so. 2x + 3y - 2 = -16 x + 2y + 2z = -3 3x + y + z = 5 -5

Answered: 3 weeks ago

Question

Graph (x) = 3x 2 + 12x + 6. Give the vertex, axis of symmetry, domain, and range.

Answered: 3 weeks ago

Question

Solve each equation. Check the solutions. t + Vt = 12

Answered: 3 weeks ago

Question

Explain how process innovation reduces cost and increases profits. How does this innovation affect the firm's total product curve and average cost curve?

Answered: 3 weeks ago

Question

What is the dilemma of regulation in the case of a regulated monopoly?

Answered: 3 weeks ago

Question

Describe the essential features of the kinked-demand model of oligopoly pricing.

Answered: 3 weeks ago

Previous Question Next Question