The value of checks that have been written and given to the customers but have not been deducted from the account on which they were written is the _____ float.

Question

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Disbursement float refers to the value of checks that have been issued by a company but have not yet cleared or been deducted from the account. This type of float can have an impact on a company's cash flow and liquidity.

The Value of Checks That Have Been Written and Given