Prepare to pass & SAVE $1100!



Float is the time between the time you signed a check and the time it is cashed at the bank.

If I wrote the electric company a check on Monday, mailed it on Tuesday, they received it on Wednesday, and cashed it on Thursday, the float would be 4 days. Four days have passed between the time I wrote the check on Monday and the time the money was taken out of my account on Thursday.

There is currently no content classified with this term.

Get instant access to step-by-step instructions on how to apply and sit for the CPA Exam.