Which of the Following Statements Is True

Which of the following statements is true?

A) Collection float is the time that elapses between when a customer mails a payment and when the cheque is actually received.
B) Collection float is the time that elapses between when the company receives a customer's payment and when the cheque is deposited in the bank.
C) Collection float includes mail float while disbursement float does not.
D) Collection float is the time that elapses between when the company deposits cheques into the bank and when the cheques are presented to the customers' banks for payment.
E) Collection float is equal to the sum of mail and processing floats, minus the availability float.