Which One of the Following Statements Concerning Disbursement Float Is

question 43

Multiple Choice

Which one of the following statements concerning disbursement float is correct?

• A) Disbursement float is the period of time between a firm making a bank deposit and the funds from that deposit being available to the firm.
• B) Disbursement float decreases when a check is delayed in the mail due to an extended holiday weekend.
• C) Disbursement float causes the available balance to exceed the ledger balance.
• D) Disbursement float is being totally eliminated by the Check Clearing Act for the Century.
• E) Disbursement float exists when the available balance is less than the book balance.

Grasp the core concepts of valence bond theory and orbital overlap.

Recognize the significance of organic chemistry in synthesis and pharmaceuticals.

Apply Lewis theory to comprehend electron transfer in ionic bonds.

Understand electron configuration and stability in noble gases.

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