Question

QUESTION 31 fioat is a measure which incorporates Both the time lag and the dollar amount of remitance O Fed O Dollar-day 0 Aggregate O Consolidated QUESTION 32 foat relers to the delay fom the time a check is mald tthe time ad wchi recevend ty ne paee O Mai O Processing OAvailabilty O Clearance QUESTION 29 The used potion da fim's credt ine is urualy dscussed in ndich pat of the O Balance sheet O ncome statement O Proit and loss section OSources of liqaidity section cial tt QUESTION 30 Who ongnales an ACH debit? An ACH credi? o the payor, the payee 0 the gayoc the payor 0 the payee, the payor 0 the payee, the payee 0none of the above are corect

Answer 1

31 Option B. Dollar - daily float

It is a measure of float which takes in to consideration both the dollar amount and the time lag

32. Option A. Mail

It is the total time interval between the day the payment is made and the day when it is received by the payee.

29. Option D. Sources of liquidity section

Both the used and unused portion of the credit line is discussed in the sources f liquidity section of the Management and discussion and analysis section

30. Option C. the payee, the payor

An ACH debit transaction is originated by payee whereas an ACH credit transaction is originated by the payor