Question: 16. Disbursements float: A) occurs when a deposit is recorded but the funds are unavailable. B) causes the book balance to exceed the bank balance.
16. Disbursements float: A) occurs when a deposit is recorded but the funds are unavailable. B) causes the book balance to exceed the bank balance. C) has tended to decrease the net float of the firm D) is a recommended source of funds for short-term investments. E) is generally more desirable to companies than collection float. 16. Disbursements float: A) occurs when a deposit is recorded but the funds are unavailable. B) causes the book balance to exceed the bank balance. C) has tended to decrease the net float of the firm D) is a recommended source of funds for short-term investments. E) is generally more desirable to companies than collection float
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