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    Commercial Banking The Management of Risk
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    Exam 13: Managing Liabilities
  5. Question
    Check Truncation Means That Cleared Checks Are Returned to Depositors
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Check Truncation Means That Cleared Checks Are Returned to Depositors

Question 5

Question 5

True/False

Check truncation means that cleared checks are returned to depositors after a waiting period has elapsed.

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