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    Business
  3. Study Set
    Principles of Managerial Finance
  4. Exam
    Exam 15: Working Capital and Current Assets Management
  5. Question
    With the ACH (Automated Clearing House) Credits, Disbursement Float Is
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With the ACH (Automated Clearing House) Credits, Disbursement Float Is

Question 181

Question 181

True/False

With the ACH (automated clearing house) credits, disbursement float is sacrificed because ACH transactions immediately draw down the company's payroll account on pay day.

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