For a Firm That Makes Heavy Use of Net Float

question 26

True/False

For a firm that makes heavy use of net float, being able to forecast collections and disbursement check clearings is essential.

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Definitions:

Agricultural Adjustment Administration

A New Deal agency created in 1933 to boost agricultural prices by reducing surpluses. It paid farmers to cut production of staple crops.

Central Purpose

The primary or most important goal, aim, or objective of an organization, movement, or strategy.

Social Security

A government program designed to provide financial assistance to the elderly, disabled, and survivors through retirement benefits, disability insurance, and survivors' benefits.

Original Legislation

Laws or legal acts that are introduced for the first time by a legislative body.