Examlex
Which of the following is NOT a part of aggregate expenditure?
Average Daily Float
Indicates the average amount of un-cleared checks or unprocessed transactions in a company's bank account over a certain period, impacting the available balance.
Cheques
A method of payment that allows an individual to instruct their bank to pay a specific amount from their account to another party.
Daily Interest Rate
This is the interest rate applied to a loan or investment for a single day, often used in calculating accrued interest over a period.
Collection Float
The time difference between when a check is deposited and when the funds are available in the account, affecting the business’s cash flow.
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