The Float Is Defined As

question 31

Multiple Choice

The float is defined as:

• A)the time between when payables are accrued and when they are paid.
• B)the time between when the sale is made and when the money is available for use by the receiving firm.
• C)the time between when payment is initiated and the time the money is available for use by the receiving firm.
• D)the time between when sale is made and the time the payment cheque is issued to the receiving firm.

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Definitions:

Incubation

The period between exposure to an infection and the appearance of the first symptoms.

Prodromal

Pertaining to the early symptoms and signs that precede the full manifestation of a disease or condition.

Decline Stage

Decline Stage denotes a phase in the lifecycle of a product, business, or condition where there is a progressive decrease in prominence or intensity.

Secondary Defense

Refers to the body's adaptive immune response, deploying specialized cells and mechanisms to fight specific pathogens after initial exposure.