Electronic Funds Transfer Will Likely Increase The Use Of Float

For AMOL 31 How would electronic funds transfer affect the use of float. Decrease its use somewhat Get Unique Answer To This Question Now.

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In December and January increased volumes relative to holiday season increases the so-called holdover float.

Electronic funds transfer will likely increase the use of float. Electronic funds transfer will likely increase the use of float. Electronic funds transfer will likely increase the use of float. Float is the difference between the cash balance on the corporate books and the amount credited to the corporation by the bank.

The use of automated clearinghouses ACHs saves money for consumers corporations and financial institutions by reducing transactions costs. Cost-benefit is not a consideration in development of a cash management system. Increase its use somewhat B.

Superb Writers Number one custom essay writing service globally. Asked Jan 10 2019 in Business by Shadra A It will increase its use somewhat. How would electronic funds transfer affect the use of float.

The use of automated clearinghouses ACHs saves money for consumers corporations and financial institutions by reducing transaction costs. Have no effect on its use. A Decrease its use somewhat b Increase its use somewhat c Virtually eliminate its use d Have no effect on its use.

Electronic funds transfer will likely increase the use of float. May 11 2014 Uncategorized admin. It has the advantage of being more secure and suppliers often prefer it.

Virtually eliminate its use C. Virtually eliminate its use D. How would electronic funds transfer affect the use of float.

Only 15 per page For a COMPLETE and UNIQUE answer to this question FREE Chapter Outline and Academic Sources Details. Have no effect on its use D. An electronic funds transfer is a payment method that companies use instead of issuing checks to suppliers and employees.

Only safety and liquidity. Increase its use somewhat D. How would electronic funds transfer affect the use of float.

A backlog of checks or other electronic transfer of cash from the weekend causes float to be high on Tuesdays therefore causing a weekly trend. Answer to Electronic funds transfer will likely increase the use of float. Join over 15 Million Students at BEZERN.

Also causes may be summarized as deliberately inefficiency. Technical issues legal issues or even inclement weather can cause float to increase. O True cion False.

Have no effect on its use 32 The system whereby funds are moved between computer terminals without use of checks is A. Decrease its use somewhat C. Computerized cash management and electronic funds transfer allow firms to carry smaller cash balances.

Menu Skip to content. Increase its use somewhat C. Virtually eliminate its use B.

How would electronic funds transfer affect the use of float A Increase its use from ECONOICS 502 at Debre Markos University. How will widespread adoption of electronic funds transfer affect the use of float. Extended disbursement float has to do with the length of time a corporation takes to collect bills.

Decrease its use somewhat B.

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