Disbursement float is created by cheques which have been deposited into a firm's bank account
but which have not yet cleared.
Correct Answer:
Verified
Q3: With respect to the workings of a
Q4: Collection float is the time that elapses
Q5: Processing delay Is a components of collection
Q6: Preauthorized payments help reduce collection float.
Q7: Disbursement float is virtually eliminated when payments
Q9: Net float that is positive is called
Q10: Concentration time Is a components of collection
Q11: Collection float increases book balances but does
Q12: Net float that is positive is preferred
Q13: Electronic lockboxes help reduce collection float.
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