Examlex
Regarding IQ and age, which of the following statements is FALSE?
Sources of Float
Sources of float include the time difference between when a payment is initiated and when it is actually cleared and becomes available in a company's bank account, affecting the management of cash flow.
Collection Float
The time period between when a check is deposited and when funds are made available.
Average Daily Float
The average amount of uncollected, in-process funds over a specified period.
Availability Delay
A period where funds or resources are not immediately accessible or ready for use, often due to processing or logistical reasons.
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