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Collections Float Offsets Disbursement Float

question 104

True/False

Collections float offsets disbursement float. If a firm's collections float is greater than its disbursement float then a firm is said to operate with positive net float.


Definitions:

Ability

The possession of the means or skill to do something, often referring to natural aptitude or acquired proficiency.

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A focus towards one's internal thoughts, feelings, and sensations rather than external stimuli and the environment.

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