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