An Amphidromic Point Is a

question 10

Multiple Choice

An amphidromic point is a .

• A) no tide point in the ocean around which the tide crest rotates through one tidal cycle
• B) place in the ocean where tides are highest
• C) place in the ocean where tidal datum is displaced to the right (in the Northern Hemisphere) or to the south (in the Southern Hemisphere)
• D) no tide point at the coast where there is a daily high tide, but no low tide

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Definitions:

Disbursement Float

The interval when funds are disbursed from a payer's account until the payee's bank credits the amount.

Ledger Float

The time difference between when a check is written and when it is actually deducted from the payer's account.

Collection Float

The time period between when a check is deposited into a bank account and when the funds are available.

Lockbox System

A service offered by banks to companies for the collection of payments from customers, speeding up the process of receiving and depositing checks.