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What form of float occurs

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Problem 1: MM Foods, based in Malaysia, places an order with a wholesale food supplier. The supplier's policy is to bill when the order is fulfilled rather than when it is delivered. MM Foods pays when the items are received. The manufacturing plant and roads have been closed due to the blizzard; delivery will be two days late. Between the time MM Foods receives an invoice, including the credit period, and the time MM Burgers' account is debited, what form of float occurs?

A. Invoicing
B. Collection
C. Payment
D. Deposit

Reference no: EM132920306

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