The period of time between the issuance of a cheque by a firm and the deduction of the amount of the cheque from the firm's bank account creates the:
A) Processing delay.
B) Disbursement float.
C) Availability delay.
D) Collection float.
E) Lockbox period.
Correct Answer:
Verified
Q248: Which of the following is the best
Q249: Which of the following is the best
Q250: Which of the following is the best
Q251: Which of the following is true regarding
Q252: Which of the following is the best
Q255: Collection float:
A) Is the result of sending
Q256: Your firm maintains a banking relationship with
Q257: Disbursement float increases as the:
A) Average amount
Q258: Which one of the following statements is
Q258: Zero balance accounts are commonly used:
A) As
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