Examlex
Read the following statements about health in the United States.Which of the statements is correct?
Disbursement Float
The time delay between when a check is written and when it is actually deducted from the payer's account.
Available Balance
The funds in a bank account that are accessible for withdrawal or use, accounting for any pending transactions.
Book Balance
The amount of money on the books or recorded in the financial statements, differing from the actual cash balance due to outstanding checks or deposits in transit.
Zero-balance Account
A type of bank account that maintains a balance of zero, with funds being transferred into it to cover checks written or transactions made.
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