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Tau's parents comment that his first year in college has been very good for him because he has become more responsible for his actions and choices and less dependent on them. Tau's parents are describing
Multiple Accounts
Refers to having more than one account, often in financial or online contexts, to manage different aspects.
Disbursement Float
The time delay between when a check is written and when it is actually deducted from the payer's account.
Available Balance
The funds in a bank account that are accessible for withdrawal or use, accounting for any pending transactions.
Book Balance
The amount of money on the books or recorded in the financial statements, differing from the actual cash balance due to outstanding checks or deposits in transit.
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