ECT Typically Consists of ________ Session(s)

question 58

Multiple Choice

ECT typically consists of ________ session(s) .

• A) three to five
• B) ten or fewer
• C) one
• D) eleven or more

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Definitions:

Speculative Motive

The intention to hold cash or other assets in anticipation of future market fluctuations to gain financial advantages.

Collection Float

The time period between when a check is deposited and when the funds become available in the recipient's account, affecting the cash flow and liquidity.

Float Management

The practice of managing the time between when a check is deposited and when it clears, to optimize the use of funds.

Target Cash Balance

The optimal amount of cash a company seeks to maintain to handle operational and transactional needs efficiently.