"Extended Disbursement Float" Has to Do with the Length of Time

question 73

True/False

"Extended disbursement float" has to do with the length of time a corporation takes to collect bills.

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Definitions:

Frustrated

Feeling upset or annoyed as a result of being unable to change or achieve something.

Performance

The accomplishment of a task or duty in accordance with a contract, including the delivery of goods or services.

Full Satisfaction

The complete fulfillment or settlement of a debt, obligation, or another requirement.

Possession

The physical holding or control of an object or property, which may or may not be accompanied by legal ownership.