Multiple Choice
The delay in transferring the means of payment from the payer (customer) to the payee (the provider of the goods or services) .
A) Float
B) Transmission float
C) Processing float
D) Clearing float
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q85: Activities that decrease the cash conversion cycle
Q86: With regards to credit analysis, this is
Q87: The transactions motive is the demand for
Q88: The same as delivery float.<br>A) Float<br>B) Transmission
Q89: Most firms need similar sized cash buffers.
Q91: A firm with an inventory period of
Q92: One type of investment that would not
Q93: One way a firm can reduce the
Q94: The disbursement float is the delay in
Q95: The delivery or transmission float is the