The Time Between When a Payee Sends Payment and the Funds

question 86

Multiple Choice

The time between when a payee sends payment and the funds are credited to the payer's bank account is called the:

• A)collection float
• B)disbursement float
• C)total float
• D)transmittal float

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Definitions:

White Woman

A female identified by her race as white, often discussed in contexts exploring racial identity, privileges, or dynamics within society.

Black People

Individuals of African descent, widely distributed around the globe, known for their rich cultural heritage and history, often confronting various forms of systemic inequality.

Socially Constructed

The concept that idea, phenomena, or categories are created and given meaning by cultural and social practices rather than arising from inherent or natural features.

Racial Taxonomy

A system of classification that categorizes humans into large and distinct groups by ancestry, physical appearance, and other hereditary traits.