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1. Disbursement float increases as the: A. Average amount of each cheque written decreases. B. Time period required for the mail to be delivered to

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1. Disbursement float increases as the: A. Average amount of each cheque written decreases. B. Time period required for the mail to be delivered to each payee increases. C. Average processing time required by the payees decreases. D. Excess cash in the chequing account increases. E. Clearing process becomes more efficient. 3. Collection float: A. Is the result of sending a cheque through the mail to one of your suppliers. B. Is equal to a firm's available balance minus the firm's book balance. C. Allows you to earn interest on money that technically is no longer yours. D. Increases the available balance before it increases the ledger balance. E. Can be reduced by slowing down the cheque processing time within a firm. 5. The movement of money from multiple bank accounts into one main bank account for a firm is calle A. Lock boxing. B. Electronic disbursing. C. Cash concentration. D. Availability enhancement E. Over-the-counter collection

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