Federal depository banks are authorized to accept deposits of amounts payable to the federal government. Select...

Question

Question

Federal depository banks are authorized to accept deposits of amounts payable to the federal government.

Select one:

True

False

business accounting

Answer 1

Answer #1

Ans : True. The above statement is true.

Federal depository banks : Banks which are authorized to accept deposits of amounts payable to the federal government.

Answer 2

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