Check Kiting, or Systematically Overdrawing Accounts, Is

Check kiting, or systematically overdrawing accounts, is:

A) is used by most companies as an ethical means of handling cash reserves.
B) the process of withdrawing all funds from a bank account as soon as the funds become available.
C) the central core of a modern cash management system.
D) is unethical and has mostly been eliminated.
E) increasingly popular due to recent banking law changes.

Correct Answer:

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