A(n) ________ Is an Organized Collection of Comprehensive Data About

question 80

Multiple Choice

A(n) ________ is an organized collection of comprehensive data about individual purchasers or prospects.

• A) corporate Web site
• B) customer database
• C) inventory
• D) warehouse
• E) enterprise system

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Definitions:

Float

The time difference between when a check is written and deposited and when it is cleared and funds are available, or, in finance, the amount of shares available for trading by the public in the stock market.

Collection Float

The time period between when a check is written and deposited and when the funds are actually available in the payee's account.

Net Float

Net float is the difference between the balance according to the bank's records and the balance according to the company's records, due to checks or other transactions in the process of clearing.