What is the purpose of disbursement policies?

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19 Sep 2023

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19 Sep 2023

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Related questions

Q17-8. Briefly describe each of the following disbursement products/methods:

Zero-balance accounts (ZBAs)
Controlled disbursement
Positive pay

brownjackal896

Coinsurance clauses are found in many property policies as well as in many health insurance policies, although the purpose of each is vastly different.

Explain the purpose of the coinsurance in both types of insurance.

Coinsurance in property insurance:

Coinsurance in health insurance:

You have $36,300 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $3,800 and then deposit a check for $7,200. (Enter your answer as directed, but do not round intermediate calculations.)

Required:

What are your disbursement, collection, and net floats? (Negative amounts should be indicated by a minus sign.)


Disbursement float	$
Collection float	$
Net float	$

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