The Average Daily flOat Is Equal To

question 36

Multiple Choice

The average daily float is equal to:

• A) The daily book balance - daily available balance.
• B) The average daily receipts × weighted average delay.
• C) The total collection float for the month 30.
• D) Average net float number of days in the period.
• E) Average daily collection amount × the processing delay.

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Definitions:

Religious Humor

Jokes or comedic content that revolves around religious themes, narratives, or figures, often requiring sensitivity to avoid offense.

Political Humor

Humor that focuses on politics, political figures, or situations, often used to critique, satirize, or entertain by highlighting political absurdities.

Customer Complaint

An expression of dissatisfaction from a customer regarding a product or service.

Grant

A financial award given by an organization or government to an individual or organization for a specific purpose.