The Amount of Time That It Takes for a Check

question 102

Multiple Choice

The amount of time that it takes for a check to clear through the banking system is called

• A) mail float
• B) processing float
• C) clearing float
• D) delivery float

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Definitions:

Actor-Observer Effect

A bias in attribution where individuals attribute their own behaviors to situational factors but others' behaviors to personal characteristics.

Actor-Observer Asymmetries

The tendency for individuals to attribute their own actions to situational factors while attributing others' actions to intrinsic characteristics.

Interpersonal Relationships

Emotional or social connections between two or more people that may vary in duration and significance.

Covariation Principle

The tendency to see a causal relationship between an event and an outcome when they happen at the same time.