Term Definition. Incident Any event that is not part of the standard operation of a service and that causes, or may cause, an. interruption to, or a reduction in, the quality of that service. Incident response The response of an enterprise to a disaster or other significant event that may significantly affect the.
Cash Float Defined. In general, cash float refers to the difference between the cash balance recorded in your accounting system's cash account and the amount of cash showing in your company's bank account balances. Disbursement float occurs when you write a check and the recipient has not yet cashed the check.
A cashierâs check is a check that is issued by a bank, and sold to its customer or another purchaser, that is a direct obligation of the bank. Cashierâs checks are viewed as relatively risk-free instruments and, therefore, are often used as a trusted form of payment to consumers for goods and services.ecause a cashierâs check is issued by a bank, itself, the cashierâs check is paid by funds of the bank and not the depositor. Therefore, if an item is genuine, there is very little risk that the instrument will be returned.