Due to a Flood in the Canadian Prairies, Cheques Received

question 232

Multiple Choice

Due to a flood in the Canadian prairies, cheques received by firms in the affected area are not deposited for several days. This represents an increase in the ____________ float for the depositing firm.

• A) Ledger.
• B) Clearing.
• C) Net.
• D) Collection.
• E) Disbursement.

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Definitions:

Hard Sell

A forceful, aggressive marketing or sales strategy aiming to persuade customers to purchase a product or service.

Domination

The exercise of power or influence over others to control their actions or decisions.

Conflict Management Strategy

Approaches and techniques used to address and resolve conflict in a constructive manner.

Victory

The successful outcome in a contest or struggle, often implying a battle or competition, and the ensuing sense of triumph or achievement.