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Question
Salamander Insurance Company tries to settle claims as quickly as possible. In certain cases, agents can present payments to claimants which are cleared through the banking system like a check, but must be passed through the Insurance Company for approved prior to payment. This is an example of a(n)A) zero balance account.
B) payable-through draft.
C) insurance float voucher.
D) post-dated check.
Answer
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Related questions
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