A Negative Net Float Indicates That

question 233

Multiple Choice

A negative net float indicates that:

• A) Your disbursement float is greater than your collection float.
• B) The available balance exceeds the book balance.
• C) Your outstanding cheques exceed your uncollected deposits.
• D) The bank has received a direct deposit which is not recorded in your chequebook.
• E) The amount which you can spend is less than the balance appearing in your chequebook.

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Definitions:

Manager's Power

The authority and influence a manager has over their direct reports, stemming from their position and the ability to affect employees' tasks and outcomes.

Newcomer Assimilation

The process by which a new member of a community, organization, or culture adopts its norms and practices.

Workplace Friendships

Relationships between colleagues that involve a genuine bond, mutual respect, and personal affection beyond professional interaction.

Leader-Member Exchange Theory

A theory in organizational behavior that focuses on the two-way relationship (dyadic relationships) between leaders and their followers.