A checking account that never has idle funds (because it draws funds from an interest-bearing master account to cover checks written)is called a ________ account.
A)zero-balance
B)money market
C)deficit
D)sweep

Question

Quizplus · Accepted Answer

A zero-balance account is designed to maintain a balance of zero by automatically transferring funds from a master account to cover checks or debits, ensuring no idle funds remain.

A Checking Account That Never Has Idle Funds (Because It