Which one of the following will reduce the disbursement float of a firm?
A)Mailing a check from a very remote location
B)Mailing an unsigned check so that it must be returned for a signature
C)Paying a loan payment at the bank rather than mailing a check to the bank
D)Requiring that all checks be held one day before mailing so they can be reviewed by a manager
E)Writing checks on a zero-balance account rather than on the master account

Question

Quizplus · Accepted Answer

Paying a loan payment at the bank rather than mailing a check to the bank reduces disbursement float because it eliminates the time delay associated with mailing and processing the check.

Which One of the Following Will Reduce the Disbursement Float