In terms of the float, the buyer of a product wants to ________ and the seller wants to ________

A) increase the collection float; decrease the disbursement float
B) decrease the disbursement float; decrease the collection float
C) decrease the collection float; decrease the disbursement float
D) increase the disbursement float; decrease the collection float


Answer: D

Business

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The amount of money that has not yet been withdrawn from the company’s checking account—even though the checks have already been written is known as:

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