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WXWP WXWP
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7 years ago
A sweep account is a checking account that:
A) bears interest allowing depositors to write checks without tying up money for a specific period of time.
B) never has funds as they are drawn from a master account.
C) automatically moves all funds in a company's checking account above a predetermined minimum into an interest-bearing account.
D) need to be reviewed and updated on a regular basis.
Textbook 
Essentials of Entrepreneurship and Small Business Management

Essentials of Entrepreneurship and Small Business Management


Edition: 6th
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CalbertoCalberto
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7 years ago
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