American_Bankers_Association
CTFA · Question #403
CTFA Question #403: Real Exam Question with Answer & Explanation
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Question
Availability float is the __________.
Options
- ATotal time between the mailing of the check by the customer and the availability of cash to the
- BTime consumed in clearing the check through the banking system
- CTime the check is in the mail
- DTime during which the check received by the firm remains uncollected
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