________ Float Is the Time That Elapses Between the Deposit

question 50

Multiple Choice

________ float is the time that elapses between the deposit of a check by the payee and the actual availability of funds. This component is attributable to the time required for a check to go through the banking system.

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

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Definitions:

Internal Perspective

A focus on factors within an organization, such as policies and employee attitudes, that impact its operations.

Work Load

The amount of work assigned to or expected from an individual or team within a specified time frame.

Internal Perspective

The viewpoint focusing on internal factors and operations within an organization that influence its performance and decision-making.

Annual Performer

An individual or entity evaluated based on performance over the course of a year, often in terms of productivity, achievements, or contributions.