Collections Float Tends to Offsets Disbursement Float

question 22

True/False

Collections float tends to offsets disbursement float. If a firm's average collection float exceeds its average disbursement float, then it is said to be operating with positive net float.

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Definitions:

Role Performance

How well an individual fulfills the expectations and responsibilities of a particular role in social or professional contexts.

Social Communication

The process of sharing information, expressing emotions, and building relationships through verbal and non-verbal means within a social context.

Team Performance

The level of efficiency, effectiveness, and innovation achieved by a group of individuals working together towards common goals.

Task Communication

The exchange of information specifically related to the accomplishment of a task.