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To offset service charges, a company's collected balance requirement is determined by all of the following information EXCEPT ___________.

User Lysdexia
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Final answer:

The number of transactions processed by the company is not a factor considered in determining the collected balance requirement to offset service charges. This requirement usually involves maintaining certain average balances to cover the cost of the banking services used by the company.

Step-by-step explanation:

To offset service charges, a company's collected balance requirement is determined by all of the following information EXCEPT the number of transactions processed by the company. The collected balance requirement typically includes the average balance maintained in the account, the level of services used by the company, and the average daily balance required to offset the monthly account fees. However, the number of transactions does not direct influence the collected balance requirement, as the focus is instead on maintaining sufficient average balances to cover the cost of banking services.

User Rodriguez
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