Disbursement Float Results from the Delay Between the Time That

question 193

True/False

Disbursement float results from the delay between the time that a payer or customer deducts a payment from its checking account ledger (disburses it) and the time that the payee or vendor actually receives these funds in a spendable form.

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Definitions:

Bodily Kinesthetic

Refers to the ability to coordinate body movements and handle objects skillfully, often associated with physical intelligence.

General Intelligence

A theoretical construct suggesting the existence of a broad mental capacity that influences performance on cognitive ability tests.

Psychometric Test

A standardized test used to measure individuals' mental capabilities and behavioral style, often for educational and psychological evaluations.

IQ Score

An IQ score is a numerical measure of a person's cognitive abilities in relation to their age group.