A negative net float indicates that:
A) Your disbursement float is greater than your collection float.
B) The available balance exceeds the book balance.
C) Your outstanding cheques exceed your uncollected deposits.
D) The bank has received a direct deposit which is not recorded in your chequebook.
E) The amount which you can spend is less than the balance appearing in your chequebook.
Correct Answer:
Verified
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