Examlex
A list of all the accounts used by a business is called a trial balance.
Total Float
The total amount of time that a project task can be delayed without causing a delay to the project's completion date.
Cheque Clear
The process by which a cheque's funds move from the issuer's account to the recipient's account, and the cheque is deemed successfully processed.
Banking System
A network of financial institutions, including banks, that provide financial services to the public and businesses.
Availability Float
The time difference between when a deposit is made in a bank account and when the amount becomes available for use.
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