________ Float Is the Delay Between the Receipt of a Check

question 62

Multiple Choice

________ float is the delay between the receipt of a check and the actual deposit of it into the firm's account.

• A) Disbursement
• B) Deposit
• C) Processing
• D) Clearing

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Definitions:

Jetty

An engineering structure built from the shore into a body of water to redirect current or tide, for example, to protect a harbor.

Breakwater

An offshore structure (such as a wall), typically parallel to the shore, that breaks the force of the waves to protect a shoreline or harbor.

LIDAR

A remote sensing technology that uses light in the form of pulsed laser to measure ranges (variable distances) to the Earth, providing precise 3D information about the shape of the Earth and its surface characteristics.

Shorelines

The boundary line where land meets a body of water, such as an ocean, sea, lake, or river, continually shaped and reshaped by dynamic natural processes.