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Author Question: ________ float occurs when there is a delay between when a firm issues a check and when the funds ... (Read 60 times)

audragclark

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on: Apr 25, 2021

Question 1

________ float can be calculated by subtracting a firm's book balance from the firm's available balance.
◦ Net
◦ Collection
◦ Electronic funds transfer (EFT)
◦ Compensating
◦ Disbursement

Question 2

________ float occurs when there is a delay between when a firm issues a check and when the funds are removed from the checking account balance.
◦ Net
◦ Book balance
◦ Disbursement
◦ Collection
◦ Electronic funds transfer (EFT)
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Marked as best answer by audragclark on Apr 25, 2021

bbburns21

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Reply #1 on: Apr 25, 2021
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audragclark

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Reply 2 on: Apr 25, 2021
Wow, this really help

TheDev123

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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