Electronic Funds Transfers Do Not Eliminate the "Float Time" on a Check

question 34

True/False

Electronic funds transfers do not eliminate the "float time" on a check.

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Definitions:

Anticipating

The act of expecting or predicting future events or needs based on current trends or data.

Background Information

Preliminary data or knowledge that provides context for a new study, discussion, or analysis.

Communication Noise

Any external or internal interference that disrupts the clarity, transmission, or reception of a message.

Interrupts

Unscheduled or unexpected disturbances that break the continuity of an activity or communication flow.