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  3. the term float refers to the allowable amount of c

The term float refers to the allowable amount of cash short or over. amount of...

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Question

Accounting

The term float refers to the

allowable amount of cash short or over.

amount of cash that the operator of a cash register is given to make change.

difference between the cash register total and sales for the day.

maximum amount by which cash receipts can vary from the cash register tape.

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