Firms may have a disbursement account on which the firm regularly writes checks, even though the balance in the account is maintained at zero at the end of each day.

False, because this does not make sense.

False, because the firm would pay too much in NSF $($Not Sufficient Funds$)$ fees.

True, because funds could be automatically transferred into the account as needed.

True, because the NSF fees are offset by the zero balance benefit.

None of the above.