Which One of the Following Will Reduce the Disbursement Float

question 22

Multiple Choice

Which one of the following will reduce the disbursement float of a firm?

• A)Mailing a check from a very remote location
• B)Mailing an unsigned check so that it must be returned for a signature
• C)Paying a loan payment at the bank rather than mailing a check to the bank
• D)Requiring that all checks be held one day before mailing so they can be reviewed by a manager
• E)Writing checks on a zero-balance account rather than on the master account