The Prefix Myco- Is from the Greek Word for Mushroom

question 8

True/False

The prefix myco- is from the Greek word for mushroom and fungus is the Latin word.​

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Definitions:

Collection Delay

The lag between the time when a payment is made by a customer and when the funds are actually available for use by the recipient.

Average Daily Float

The average amount of time it takes for checks or other transactions to clear and be reflected in the available balance of an account.

Collection Delay

The period between when a sale is made and when the payment is actually received.

Lockbox System

A service provided by banks to companies for the collection of payments from customers, enhancing the speed and security of transactions.