Disbursement Float Is Defined as The

Disbursement float is defined as the:

A) Period of time it takes for funds from a recent deposit to be available for spending.
B) Period of time between when a cheque is mailed and when it is received for deposit.
C) Difference between the available balance and the book balance due to outstanding cheques.
D) Period of time between when a cheque is written and when it is deposited by the payee.
E) Difference between the available balance and the book balance due to recent deposits.