True/False
The time between writing a cheque and when the bank deducts the money from your account is called "the float."
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q28: A type of cheque that is written
Q32: When purchasing a guaranteed investment certificate (GIC),<br>A)you
Q33: To prevent an overdraft or "bounced cheque,"
Q38: The Canada Deposit Insurance Corporation (CDIC)insures<br>A)bank deposits
Q40: Investment dealers sell insurance to protect individuals
Q41: Bank fees for the use of an
Q42: Which would be the least effective way
Q55: It is illegal for a federally insured
Q78: Which of the following is classified as
Q98: Savings institutions differ from commercial banks in