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CTP · Question #823

CTP Question #823: Real Exam Question with Answer & Explanation

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.

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