Question: Collection float: Multiple Choice can be avoided by collecting payments electronically at the time of sale. exists when the available balance exceeds the book balance.

Collection float: Multiple Choice can be avoided by collecting payments electronically at the time of sale. exists when the available balance exceeds the book balance. Incorrect is eliminated by implementing a concentration banking system. is more desirable to companies than disbursement float. is totally eliminated by the installation of a lockbox system

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