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.

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Definitions:

Nonessential Modifiers

Descriptors that are not absolutely necessary to have been included in the physician’s notes and are provided simply to further clarify a code description; optional terms.

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NOS

Not Otherwise Specified (NOS) is a term used in medical coding and diagnosis to indicate conditions or symptoms that don't fit into specific categories based on the information available.