Solved

________ Float Is the Time That Elapses Between the Deposit

Question 50

Multiple Choice

________ float is the time that elapses between the deposit of a check by the payee and the actual availability of funds. This component is attributable to the time required for a check to go through the banking system.


A) Mail
B) Processing
C) Clearing
D) Disbursement

Correct Answer:

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