The Three Basic Components to Collection or Disbursement Float for Mailed

question 20

Multiple Choice

The three basic components to collection or disbursement float for mailed checks are:

• A)mail float,Fed float,processing float
• B)mail float,processing float,clearing float
• C)mail float,bank float,processing float
• D)mail float,bank float,clearing float

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Definitions:

Delegation

The assignment of responsibility or authority to another person (normally from a manager to a subordinate) to carry out specific activities.

Scheduling Staff

The process of organizing employees' work hours and shifts in various workplaces, especially in healthcare settings.

Nursing Assistant

A healthcare professional who provides direct care to patients under the supervision of a registered nurse or licensed practical nurse.

Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment, crucial in problem-solving and decision-making processes.