Consider the Reaction Below to Answer the Following Question(s)

question 27

Multiple Choice

Consider the reaction below to answer the following question(s) .
-Refer to instructions. The product of this reaction is:

• A) a lactone
• B) an anhydride
• C) a lactam
• D) an ether

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Definitions:

Collection Float

The time difference between when a check is deposited into a bank account and when the amount is credited to the account, affecting the cash flow.

Collection Float

The time period between when a check is deposited into a bank account and when the amount is available for use.

Net Float

The difference between checks written and deposited in the bank not yet cleared or settled.

Ledger Balance

The total balance in a ledger account at a particular point in time, reflecting all transactions up to that moment.