Create an Account

Already have account?

Forgot Your Password ?

Home / Questions / Which of the following statements is true with respect to ‘float’ in the context of cash m

Which of the following statements is true with respect to ‘float’ in the context of cash m

Which of the following statements is true with respect to ‘float’ in the context of cash management?


[A]It is an instrument that may increase the cash inflows
[B]It represents the difference between the total cash inflows and total outflows during any given period
[C]It is the difference between the actual bank balance and the bank balance in the cash book of the company
[D]It means the time required for the encashment of a cheque submitted to a bank

Jan 01 2018 View more View Less

Answer (Solved)

question Subscribe To Get Solution

Related Questions