Float Is Defined as the Difference Between The

question 90

Multiple Choice

Float is defined as the difference between the:

• A)beginning and ending cash balances as shown on a cash budget.
• B)ledger balance and the available balance.
• C)book balance and the ledger balance.
• D)collections and disbursements for any given period of time.
• E)available balance and the collected balance.

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Definitions:

Fixed Costs

Fixed costs are business expenses that remain constant regardless of the level of production or sales activities, such as rent, salaries, and insurance.

Selling Price

is the amount of money for which a product or service is sold to customers.

Breakeven Analysis

It's a financial calculation to determine when a project or business will be able to cover all its costs and begin to make a profit.

Cost Control Measures

Strategies or actions taken by a company to maintain or reduce costs in order to improve profitability.