Which of the Following Is Not True of flOat Management

question 10

Multiple Choice

Which of the following is not true of float management?

• A)Float management involves controlling the collection and disbursement of cash.
• B)An objective of float management is to speed up the collection float.
• C)An objective of float management is to slow down disbursement float.
• D)Float management will succeed if the firm can collect late and pay early.
• E)All of the above are true of float management.

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Definitions:

Latency Stage

A phase in Freudian psychosexual development occurring from around age 6 to puberty, characterized by a decrease in sexual interests and conflicts.

Gender Identity

A person's innate feeling of their gender identity, which can differ from the sex assigned to them at birth.

Self-Control

Controlling one's emotional responses, cognitive processes, and actions in situations presenting temptations and spontaneous impulses.

Rationalization

In psychoanalytic theory, the defense mechanism that produces a seemingly logical rationale for an impulse or thought that otherwise would cause anxiety.