The Time Between When a Payee Sends Payment and the Funds

question 144

Multiple Choice

The time between when a payee sends payment and the funds are credited to the payee's bank account is called the:

• A) collection float
• B) disbursement float
• C) total float
• D) transmittal float

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Definitions:

Different People

A reference to the diversity found within human populations in terms of beliefs, cultures, physical features, and behaviors.

Localization of Function

The concept that different parts of the brain are responsible for specific psychological processes and behaviors.

Neural Structures

Physical formations comprised of neurons within the nervous system that play a crucial role in controlling behavior and cognitive functions.

Brain Region

Specific areas within the brain responsible for particular functions or processes.