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The part of the collection and disbursement process where checks are trapped in the postal system is know as:

Bad Debt

 

Mail Float

 

Complex Collection

 

Project Finance Cash Flow Forecasting Financial Reporting Financial Systems Feasibility Studies
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Question added by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies
Date Posted: 2015/05/31
Upvote (2) Views (2) Followers (4) Answers (4) Report Question
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Shahbaz Hayder
by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Yes, Option2 is the right answer.

Saji Soman
by Saji Soman , Chief Accountant , Al Redha Insurance Brokers LLC. (Dubai)

It is Mail Float in transit

Zehab Osman
by Zehab Osman , Accountant , Aldar Consultancy Co.

Mail Float--------------------------------------

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