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CTP · Question #932

(Topic 9) Which of the following payment instruments can provide predictable collection float?

The correct answer is D. I, III, and IV only. See the full explanation below for the reasoning.

Question

  • (Topic 9)

Which of the following payment instruments can provide predictable collection float?

Options

  • AIII only
  • BIV only
  • CI, II, and IV only
  • DI, III, and IV only
  • IWire transfer

How the community answered

(26 responses)
  • A
    4% (1)
  • B
    4% (1)
  • C
    4% (1)
  • D
    73% (19)
  • I
    15% (4)

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