________ Float Occurs When There Is a Delay Between When

question 80

Multiple Choice

________ float occurs when there is a delay between when a firm issues a check and when the funds are removed from the checking account balance.

• A) Net
• B) Book balance
• C) Disbursement
• D) Collection
• E) Electronic funds transfer (EFT)

---

Definitions:

Traumatic

Pertaining to or resulting from an event that causes severe emotional stress or physical injury.

Modeling

A learning method in which individuals learn by observing and imitating the behaviors of others.

Observation

The active acquisition of information from a primary source using the senses or specialized scientific equipment.

Imitation

The action of copying or mimicking the behaviors, actions, or characteristics of others.