Disbursement float has all of the following basic components EXCEPT
A) mail.
B) processing.
C) collection.
D) clearing.

Name: Disbursement float has all of the following basic components EXCEPT A) mail. B) processing. C) collection. D) clearing.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Disbursement float involves the time delay in the payment process, which includes mail, processing, and clearing, but not collection, as collection is related to receiving payments, not disbursing them.

Disbursement Float Has All of the Following Basic Components EXCEPT