Which term refers to the time it takes for a check to go through the traditional check-clearing process and be paid?
A)Float
B)Delay
C)Hold over
D)Defer
E)Shelve

Question

Quizplus · Accepted Answer

A)The term float refers to the time it takes for a check to process through the traditional check-clearing stages and be paid.
B)The term float refers to the time it takes for a check to process through the traditional check-clearing stages and be paid.
C)The term float refers to the time it takes for a check to process through the traditional check-clearing stages and be paid.
D)The term float refers to the time it takes for a check to process through the traditional check-clearing stages and be paid.
E)The term float refers to the time it takes for a check to process through the traditional check-clearing stages and be paid.

Which Term Refers to the Time It Takes for a Check