________ float occurs when there is a delay between when a firm issues a check and when the funds are removed from the checking account balance.
A) Net
B) Book balance
C) Disbursement
D) Collection
E) Electronic funds transfer (EFT)

Question

Quizplus · Accepted Answer

Disbursement float occurs when there is a delay between the firm issues a check and when the funds are removed from the checking account balance.

________ Float Occurs When There Is a Delay Between When