An important cash management activity is managing float. One type of float is the delay between when a company deposits a check that it has received and when the bank has performed the tasks necessary for the funds to be available. This type of float is called
A. Disbursement float.
B Processing float.
C Net float.
D Clearing float.

Question

07-06-2024
Business

Answered

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An important cash management activity is managing float. One type of float is the delay between when a company deposits a check that it has received and when the bank has performed the tasks necessary for the funds to be available. This type of float is called
A. Disbursement float.
B Processing float.
C Net float.
D Clearing float.

Sagot :

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