The Disbursement Float Is the Delay in Transferring the Means

question 94

True/False

The disbursement float is the delay in transferring the means of payment from the payer (customer) to the payee (the provider of goods or services).

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Definitions:

Sigmund Freud

An Austrian neurologist known for founding psychoanalysis, a clinical method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow that outlines a five-tier model of human needs, from basic physiological needs to self-actualization.

Self-actualization

The achievement of realizing one's capabilities and talents, seen as an innate drive or necessity in all individuals.