Which of these is the period of time after a check has been written, but not yet cleared and deposited?
A) Liquid current assets
B) Safety stock
C) Overnight securities
D) Float

Question

Quizplus · Accepted Answer

The period after a check has been written but not yet cleared and deposited is known as the "float." This term describes the time during which the check amount is still being processed and is not yet deducted from the payer's account or added to the payee's account.

Which of These Is the Period of Time After a Check