Question: Disbursements float: Select one: a. is a recommended source of funds for short-term investments b. has tended to increase since the enactment of the Check

Disbursements float: Select one: a. is a recommended source of funds for short-term investments b. has tended to increase since the enactment of the Check Clearing Act for the 21st Century C. causes the book balance to exceed the bank balance d. is eliminated when payments are made electronically. e. occurs when a deposit is recorded but the funds are unavailable

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