Which of the Following Is True About Disbursement Float

question 86

Multiple Choice

Which of the following is true about disbursement float?

• A)Funds are collected and credited to an account.
• B)Funds are removed from the checking account immediately when the check is written.
• C)Funds are deposited to a checking account immediately when a check is written.
• D)Funds are collected and debited to an account.
• E)none of the above

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