A Firm's Float Management Policy Is Most Apt to Include

question 66

Multiple Choice

A firm's float management policy is most apt to include which one of the following statements?

• A)All invoices are to be paid the same day they are received.
• B)All outgoing checks are to be delivered by the fastest means possible.
• C)The depository bank needs to process all deposits in accordance with the Check Clearing Act for the 21^st Century.
• D)Any check received is to be held until the customer's account has been updated to record the payment.
• E)Accounts payable processing should be given priority over accounts receivable processing.

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Definitions:

Recognize Himself

The ability of an individual to identify their own reflection or image as being themselves.

Cognitive Representation

The way in which information is stored and organized in the mind.

Self-orientation

The degree to which an individual's behavior is guided by their own personal beliefs, desires, and values.

Self-understanding

An individual's comprehension of their own personality traits, preferences, and values.