Collection float increases book balances but does not immediately change available balances.
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Q6: Preauthorized payments help reduce collection float.
Q7: Disbursement float is virtually eliminated when payments
Q8: Disbursement float is created by cheques which
Q9: Net float that is positive is called
Q10: Concentration time Is a components of collection
Q12: Net float that is positive is preferred
Q13: Electronic lockboxes help reduce collection float.
Q14: Disbursement float is sometimes used by firms
Q15: With respect to the workings of a
Q16: Disbursement float is created by any transaction
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