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Check kiting, or systematically overdrawing accounts, is: Multiple Choice is unethical and has mostly been eliminated. the process of withdrawing all funds from a bank

Check kiting, or systematically overdrawing accounts, is:

Multiple Choice

  • is unethical and has mostly been eliminated.

  • the process of withdrawing all funds from a bank account as soon as the funds become available.

  • the central core of a modern cash management system.

  • increasingly popular due to recent banking law changes.

  • is used by most companies as an ethical means of handling cash reserves.

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