AFP
CTP · Question #21
(Topic 1) From a buyer's perspective, which of the following types of float would be eliminated if checks were replaced by electronic payment methods?
The correct answer is C. Disbursement. See the full explanation below for the reasoning.
Question
- (Topic 1)
From a buyer’s perspective, which of the following types of float would be eliminated if checks were replaced by electronic payment methods?
Options
- ACollection
- BInvoicing
- CDisbursement
- DLockbox
How the community answered
(35 responses)- A14% (5)
- B9% (3)
- C71% (25)
- D6% (2)
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