Disbursement Float Has All of the Following Basic Components EXCEPT

question 270

Multiple Choice

Disbursement float has all of the following basic components EXCEPT

• A) mail.
• B) processing.
• C) collection.
• D) clearing.

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Definitions:

Planning Budget

A budget created for a specific level of activity; it can be adjusted over time to reflect actual business conditions.

Administrative Expenses

Costs associated with the general administration of a business, including office supplies and salaries of non-production staff.

Planning Budget

A forecast of revenue, expenses, and cash flow used by organizations to plan for the upcoming period.

Occupancy Expenses

Costs related to occupying a physical space, such as rent, utilities, and property taxes.