AFP
CTP · Question #823
(Topic 9) The delay between the time a lockbox site receives a check and the check is deposited is called:
The correct answer is D. processing float. See the full explanation below for the reasoning.
Question
- (Topic 9)
The delay between the time a lockbox site receives a check and the check is deposited is called:
Options
- Aavailability float.
- BFed float.
- Cmail float.
- Dprocessing float.
How the community answered
(29 responses)- A3% (1)
- B3% (1)
- C14% (4)
- D79% (23)
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