Question: Float takes place because Multiple Choice a firm is early in paying its bills. the level of cash on the firm's books is equal to

Float takes place because
Multiple Choice
a firm is early in paying its bills.
the level of cash on the firm's books is equal to the level of cash in the bank.
a lag exists between writing a check and clearing it through the banking system.
a customer writes checks without adequate supporting balances.
Float takes place because Multiple Choice a firm is early in

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