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Which of the following is a common method for assigning float on a check deposited to a non-US bank account?
Suggested Answer: C
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29 comments · newest first
JO
Johnna
10 months ago
Proof of deposit is also used sometimes, not just value dating.
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Oliva
10 months ago
Wait, fractional availability? I thought that was rare.
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Verda
10 months ago
Definitely agree, value dating is the way to go!
AZ
Azalee
10 months ago
Not sure about that, seems like there are more methods out there.
TA
Tatum
11 months ago
I've heard value dating is pretty common for this.
CL
Clemencia
11 months ago
I’m leaning towards value dating too, but I also remember something about company samples being relevant in some contexts.
RO
Robt
11 months ago
Proof of deposit sounds familiar, but I can't recall if it's specifically for non-US accounts.
LE
Levi
11 months ago
I feel like fractional availability was mentioned in a practice question we did last week. Could that be the answer?
WI
Wilson
11 months ago
I think I remember something about value dating being used for checks, but I'm not entirely sure if it's the right answer here.
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Hoa
12 months ago
Value dating, that's the one! I remember learning about that in my banking and finance class. Definitely the right answer here.
PH
Phyliss
12 months ago
Okay, let me see. Proof of deposit and company sample don't sound like they would be used for assigning float on international checks. I'm leaning towards C or D, but I'm not 100% sure.
CA
Cassie
12 months ago
Hmm, I'm not too familiar with this topic. I'll have to think it through carefully. Maybe I can eliminate some of the options that don't seem relevant.
BE
Bethanie
1 year ago
I'm pretty sure the answer is C. Value dating is a common method for assigning float on checks deposited to non-US bank accounts.
GE
Gerald
1 year ago
Fractional availability? Sounds like a new cryptocurrency if you ask me. I'm investing!
LE
Leota
1 year ago
Some common methods include proof of deposit, company sample, and value dating.
BE
Belen
1 year ago
Oh really? I had no idea. What other methods are commonly used for assigning float on such checks?
LA
Lajuana
1 year ago
I don't think fractional availability is a cryptocurrency, it's actually a method for assigning float on a check deposited to a non-US bank account.
DO
Dorthy
1 year ago
I'm not sure, but I think it could also be D) Fractional availability.
RU
Ruthann
1 year ago
C) Value dating, for sure. It's the only one that doesn't sound like it was made up on the spot.
GR
Gretchen
1 year ago
A) Proof of deposit, all the way! Who needs fancy methods when you can just show the bank the proof, am I right?
AR
Arlette
1 year ago
B) I think value dating is a common method used for assigning float on a check deposited to a non-US bank account.
JU
Judy
1 year ago
A) Proof of deposit is definitely the way to go. Simple and effective.
JO
Joanna
1 year ago
I agree with Whitley, Value dating makes sense for assigning float on a check deposited to a non-US bank account.
WI
Willodean
1 year ago
D) Fractional availability, no doubt. It's the only answer that's got that fancy 'fractional' word in it. Gotta be the right choice!
KA
Kara
1 year ago
Ooh, this one's tricky! I'd go with C) Value dating. Sounds like the most legit option to me.
DA
Davida
1 year ago
I agree, C) Value dating seems like the most logical option.
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Lorriane
1 year ago
I'm not sure, but I would also go with C) Value dating.
LA
Lashanda
1 year ago
I think C) Value dating is the right choice.
WH
Whitley
1 year ago
I think the answer is C) Value dating.