Which of the following is not an accepted method of attempting to increase a firm's net float?
A) Remote bank locations
B) Lock-box systems
C) Check kiting
D) Concentration banking

Question

Quizplus · Accepted Answer

Check kiting is not an accepted method of attempting to increase a firm's net float, as it involves writing bad checks to artificially inflate account balances and is considered fraudulent. Remote bank locations, lock-box systems, and concentration banking are all legitimate methods of managing cash flow and reducing float.

Which of the Following Is Not an Accepted Method of Attempting