Electronic Funds Transfer Will Likely Increase The Use Of Float

An electronic funds transfer is a payment method that companies use instead of issuing checks to suppliers and employees. Superb Writers Number one custom essay writing service globally.

The Rise Of Digital Money In Fintech Notes Volume 2019 Issue 001 2019

How will widespread adoption of electronic funds transfer affect the use of float.

Electronic funds transfer will likely increase the use of float. Join over 15 Million Students at BEZERN. How would 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.

May 11 2014 Uncategorized admin. Have no effect on its use D. Asked Jan 10 2019 in Business by Shadra A It will increase its use somewhat.

Cost-benefit is not a consideration in development of a cash management system. A Decrease its use somewhat b Increase its use somewhat c Virtually eliminate its use d Have no effect on its use. The use of automated clearinghouses ACHs saves money for consumers corporations and financial institutions by reducing transactions costs.

Increase its use somewhat C. Virtually eliminate its use D. It has the advantage of being more secure and suppliers often prefer it.

Float is the difference between the cash balance on the corporate books and the amount credited to the corporation by the bank. In December and January increased volumes relative to holiday season increases the so-called holdover float. Decrease its use somewhat B.

For AMOL 31 How would electronic funds transfer affect the use of float. Electronic funds transfer will likely increase the use of float. Increase its use somewhat D.

Menu Skip to content. Virtually eliminate its use B. The use of automated clearinghouses ACHs saves money for consumers corporations and financial institutions by reducing transaction costs.

Virtually eliminate its use C. Also causes may be summarized as deliberately inefficiency. Only safety and liquidity.

Only 15 per page For a COMPLETE and UNIQUE answer to this question FREE Chapter Outline and Academic Sources Details. How would electronic funds transfer affect the use of float A Increase its use from ECONOICS 502 at Debre Markos University. Electronic funds transfer will likely increase the use of float.

Decrease its use somewhat Get Unique Answer To This Question Now. Have no effect on its use 32 The system whereby funds are moved between computer terminals without use of checks is A. Answer to Electronic funds transfer will likely increase the use of float.

Technical issues legal issues or even inclement weather can cause float to increase. How would electronic funds transfer affect the use of float. Increase its use somewhat B.

Have no effect on its use. How would electronic funds transfer affect the use of float. O True cion False.

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. Decrease its use somewhat C. Computerized cash management and electronic funds transfer allow firms to carry smaller cash balances.

Electronic funds transfer will likely increase the use of float.

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