If a Line Is Balanced with 90 Percent Efficiency,the "Balance

question 71

Multiple Choice

If a line is balanced with 90 percent efficiency,the "balance delay" would be:

• A)10 percent.
• B)90 percent.
• C)100 percent.
• D)unknown,because balance delay isn't related to efficiency.
• E)90

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Definitions:

Deposited

Placing money into a financial account or institution for safekeeping or investment purposes.

Collection Float

The time period between when a check is deposited and when the funds are available in the payee’s account, reflecting the bank’s processing time.

Banking System

denotes the network of institutions that provide financial services, including deposits, loans, and currency exchanges.

Collection Float

The time difference between when a check is deposited into a bank account and when the funds are made available.