All the Following Can Create Disbursement Float Except The

question 32

Multiple Choice

All the following can create disbursement float except the:

• A)payment of wages.
• B)payment for raw materials.
• C)disbursement of funds to a supplier.
• D)distribution of cash dividends.
• E)sale of an asset.

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Definitions:

U.S. Dollars

The official currency of the United States, widely used for international transactions.

Future Rate

An expected rate for a financial instrument or an economic variable at a specified future date.

Fixed Exchange Rate

A government policy to maintain the value of its currency at a set rate against another currency or a basket of currencies.

Covariance

A measure used in statistics to determine how much two random variables change together, indicating the direction of their linear relationship.