Examlex
Which of the following is not a characteristic of global strategic partnership?
Disbursement Float
The time delay between when a check is written and the actual withdrawal of funds from the account.
Book Balance
Refers to the amount of funds on record that a company has in its financial accounts at a specific point in time, not necessarily reflecting pending transactions.
Outstanding Cheques
Cheques that have been written and recorded in the accounting records but have not yet been cashed or cleared through the banking system.
Uncollected Deposits
Funds that have been deposited into a bank account but have not yet been cleared or recognized as available balance due to processing time.
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