Collection float is the amount of time that elapses between a check in an account and the check's , at which po

Question

Ann [662]

2 years ago

14

Collection float is the amount of time that elapses between a check in an account and the check's , at which po

int the funds are actually placed in the account.

Social Studies

1 answer:

Mama L [17] · Answer 1 · 2022-09-17T14:33:21+03:00

The correct answer is depositing; clearing and issuing; clearing

Explanation: Collection float is the time between when a check is deposited in a bank account and when the funds are available to the depositor, the period when the bank is collecting payment from the paying bank.

Collection float is the amount of time that elapses between ________ a check in an account and the check's ________, at which po

Collection float is the amount of time that elapses between a check in an account and the check's , at which po