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In the Sequence of Reactions to a Crisis, Which Is

question 47

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In the sequence of reactions to a crisis, which is the most dangerous time in which to attempt to solve a fraud?


Definitions:

Processed

Refers to items or data that have been altered, refined, analyzed, or prepared through a series of actions for a specific use or purpose.

Disbursement Float

The time lag between when a check is issued and when the funds are actually withdrawn from the issuer’s account.

Clear

To finalize or settle a transaction or an obligation, especially in the context of financial transactions.

Disbursement Float

The time difference between the issuance of a payment and when the funds are actually debited from the payer’s account.

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