Cheques That Have Been Deposited May Not Be Immediately Available

question 105

Multiple Choice

Cheques that have been deposited may not be immediately available for use due to:

• A)Availability float
• B)Payment float
• C)Net float
• D)Electronic transfer

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Definitions:

Modular Production

A manufacturing approach that involves producing components or modules in separate units, which can then be easily combined or assembled into a final product.

Need-satisfaction

The process of fulfilling or satisfying the requirements or desires of consumers or clients.

Selling Situation

The context or environment in which a sales transaction takes place, including factors like customer needs, market conditions, and product characteristics.

Planning Phase

The stage in a process, project, or sales strategy where objectives are set, and detailed plans are made to achieve goals.