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CTP · Question #527

(Topic 6) The time between the payor's mailing of a check and the payee's receipt of usable funds is known as:

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Manage Liquidity

Question

  • (Topic 6)

The time between the payor's mailing of a check and the payee's receipt of usable funds is known as:

Options

  • AI and II
  • BIII and IV
  • CI, II, and III
  • DI, III, and IV
  • IData recovery

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Topics

#mail float#collection float#check clearing#funds availability
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