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AFP CTP Question # 175 Topic 18 Discussion

CTP Exam Topic 18 Question 175 Discussion:
Question #: 175
Topic #: 18

Which two of the following are necessary to calculate average collected balances?

I. Deposit float

II. Reserve requirements

III. Ledger balance

IV. Earnings credit rate


A.

I and II


B.

I and III


C.

II and IV


D.

III and IV


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