Examlex
Which of the following is not part of the visual pathway?
Collection
The process of obtaining payment on outstanding accounts or the grouping of specific items, as in art or stamps.
Disbursements Float
The time difference between when a payment is made by a firm and when the funds are actually withdrawn from the firm's bank account.
Preauthorized Payments
Automated payments set up to charge a bank account or credit card for recurring bills or subscriptions on a pre-set schedule.
Collection Float
The time period between when a check is deposited in a bank and when the funds are available in the account, impacting cash flow management.
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