__________is a method of consciously anticipating the mail, processing, and clearing time involved with the payment process.
A) Controlled disbursing
B) Concentration banking
C) An overdraft system
D) Playing the float

Question

Quizplus · Accepted Answer

Playing the float is a method where businesses or individuals take advantage of the time it takes for checks to clear, by anticipating the mail, processing, and clearing time involved with the payment process.

__________Is a Method of Consciously Anticipating the Mail, Processing, and Clearing