A ______ balance is a minimum checking account balance that a firm must maintain with a bank to help offset the costs and services, such as check clearing and cash management advice, that the bank offers with a loan.

A. transactions
B. compensating
C. precautionary
D. speculative
E. lockbox


Answer: B

Mathematics

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A.


B.

C.

D.

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Fill in the blank(s) with the appropriate word(s).

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A. 52.9° B. 62.9° C. 57.9° D. 67.9°

Mathematics