Which one of the following will reduce the disbursement float of a firm? Mailing

Question

Which one of the following will reduce the disbursement float of a firm?

Mailing a check from a very remote location

Mailing an unsigned check so that it must be returned for a signature

Paying a loan payment at the bank rather than mailing a check to the bank

Requiring that all checks be held one day before mailing so they can be reviewed by a manager

Writing checks on a zero-balance account rather than on the master account

Mailing a check from a very remote location

Mailing an unsigned check so that it must be returned for a signature

Paying a loan payment at the bank rather than mailing a check to the bank

Requiring that all checks be held one day before mailing so they can be reviewed by a manager

Writing checks on a zero-balance account rather than on the master account

Explanation / Answer

Paying a loan payment at the bank rather than mailing a check to the bank

Paying a loan payment reduces the disbursement float of a firm rather than mailing.

Paying a loan payment at the bank rather than mailing a check to the bank

Related Questions

Navigate

• Browse (All)
• Browse W
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.