When You Deposit a Check,there Is a Delay Before It

question 91

True/False

When you deposit a check,there is a delay before it gets credited to your bank account.This reduces your available balance compared to your ledger balance.Your net float is the difference between the balance in your company ledger and the balance recognized by your bank.

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Definitions:

Software Development Phase

Stages in the process of creating software, which may include planning, design, coding, testing, and deployment.

Implementation Phase

The Implementation Phase is the period in a project lifecycle where the plan is executed, and the project's deliverables are developed and completed.

Bit Rate

Measures the rate at which bits are transferred or processed, often used in reference to the quality and speed of digital audio or video streams.

Audio File

A digital file format used for storing sound and music. Examples include MP3, WAV, and AAC formats.