Question: Float takes place because... Select one: a. a lag exists between writing a check and clearing it through the banking system. b. a firm pays

"Float" takes place because...\ Select one:\ a. a lag exists between writing a check and clearing it through the banking system.\ b. a firm pays its bills ahead of the due date.\ c. the level of cash on the firm's books is equal to the level of cash in the bank.\ d. a customer writes "hot" checks.

$"Float" takes place because...\ Select one:\ a. a lag exists between writing$

"Float" takes place because... Select one: a. a lag exists between writing a check and clearing it through the banking system. b. a firm pays its bills ahead of the due date. c. the level of cash on the firm's books is equal to the level of cash in the bank. d. a customer writes "hot" checks

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