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  3. Study Set
    Principles of Managerial Finance
  4. Exam
    Exam 15: Working Capital and Current Assets Management
  5. Question
    Processing Float Is the Delay Between the Receipt of a Check
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Processing Float Is the Delay Between the Receipt of a Check

Question 237

Question 237

True/False

Processing float is the delay between the receipt of a check by a payee and its deposit in firm's account.

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