Which of the Following Is True About Disbursement Float

question 8

Multiple Choice

Which of the following is true about disbursement float?

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

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Definitions:

Cross-training

A training method where employees are taught skills and responsibilities of positions other than their own, increasing flexibility and understanding within a workforce.

Integrated Teams

Teams composed of members with diverse skills, backgrounds, and expertise working together towards a common goal, often emphasizing inclusivity and collaboration.

Flexible Production

This is a manufacturing process that can be easily adjusted to make different products or accommodate changes in product design.

Team Rewards

Incentives or benefits given to a group of employees or team members collectively for achieving certain goals or performing exceptionally well.