Collection Float

question 13

Multiple Choice

Collection float:

• A) is more desirable to companies than disbursement float.
• B) is totally eliminated by the installation of a lockbox system.
• C) exists when the available balance exceeds the book balance.
• D) can be avoided by collecting payments electronically at the time of sale.
• E) is eliminated by implementing a concentration banking system.

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Definitions:

Classical Conditioning

A learning process in which a neutral stimulus becomes associated with a meaningful stimulus and acquires the capacity to elicit similar responses.

Negative Punishment

Decreasing a behavior by removing a desirable stimulus after the behavior occurs.

Negative Reinforcement

A concept in behavioral psychology where the removal of an unpleasant stimulus strengthens a behavior or increases the likelihood of it recurring.

Negative Self-talk

A form of internal dialogue focused on criticizing or undervaluing oneself that can impact one's emotional state and self-esteem.