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    Principles of Managerial Finance
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    Exam 15: Working Capital and Current Assets Management
  5. Question
    Disbursement Float Results from the Delay Between the Time That
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Disbursement Float Results from the Delay Between the Time That

Question 193

Question 193

True/False

Disbursement float results from the delay between the time that a payer or customer deducts a payment from its checking account ledger (disburses it) and the time that the payee or vendor actually receives these funds in a spendable form.

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