Examlex
According to the textbook,which of the following do managers use to monitor and maintain external equity?
Disbursement Float
The time difference between the issuance of a payment and when the funds are actually debited from the payer’s account.
Cheques
A written, dated, and signed instrument that contains an unconditional order directing a bank to pay a definite sum of money to a payee.
Deposit
A sum of money placed or kept in a bank account, often to gain interest.
Balance
Balance refers to the amount of money in a financial account, or the equality between the sum of debits and credits in an account.
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