All of the following are the different types of float the firm may experience in its collections except _____________.
A) Mail float
B) Availability float
C) Check kiting float
D) Processing float

Question

Quizplus · Accepted Answer

Mail float, availability float, and processing float are all types of float the firm may experience in its collections. Check kiting float, on the other hand, is a deliberate act of fraud and not a standard type of float.

All of the Following Are the Different Types of Float