Question: Disbursements float: A) occurs when a deposit is recorded but the funds areunavailable. B) causes the book balance to exceed the bank balance. C) has

Disbursements float:

A) occurs when a deposit is recorded but the funds areunavailable.

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-terminvestments.

E) is generally more desirable to companies than collectionfloat.

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