Controlled Disbursing Involves the Strategic Use of Mailing Points and Bank

question 68

True/False

Controlled disbursing involves the strategic use of mailing points and bank accounts to lengthen mail float and clearing float, respectively.

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Definitions:

Metallic Salt

A chemical compound that is generally in a crystal state and exhibits the properties of a metal.

Electroplating Operation

A process that uses electrical current to reduce dissolved metal ions so that they form a coherent metal coating on an electrode.

Positive Terminal

The electrode in an electrical device from which current flows away, typically marked with a positive sign and higher potential energy.

Anode

The positive terminal of an electric device.