Which Statement Is Correct

question 58

Multiple Choice

Which statement is correct?

• A)Disbursement float is the period of time between a firm making a bank deposit and the funds from that deposit being available to the firm.
• B)Disbursement float decreases when a check is delayed in the mail due to an extended holiday weekend.
• C)Disbursement float causes the available balance to exceed the ledger balance.
• D)Disbursement float is being totally eliminated by the Check Clearing Act for the 21^st Century.
• E)Disbursement float exists when the available balance is less than the book balance.

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Definitions:

Projection

Projection refers to the method of visualizing or mapping a three-dimensional object onto a two-dimensional surface, used in technical drawing and computer graphics for accurate representation.

Views

The depiction of a three-dimensional object on a two-dimensional surface, showing the object from various angles and perspectives.

Three-Dimensional

Pertaining to objects or spaces that have height, width, and depth, giving them a sense of volume or solidity.

Object

Something material that can be seen and touched, or a specific entity in programming that contains data and methods to manipulate that data.