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:

Old Navy

A popular clothing and accessories retailer known for offering a wide range of affordable fashion items for men, women, and children.

Abercrombie & Fitch

A clothing retailer known for its casual wear for young consumers.

Dick's Sporting Goods

An American sporting goods retail company that offers a wide range of sports gear, equipment, apparel, and footwear.

Extreme-Value Retailer

A retail format focusing on offering extremely low prices on a wide range of products, often in a no-frills shopping environment.