All of the Following Are Components of Float Except

question 52

Multiple Choice

All of the following are components of float except:

• A)the time it takes the receiving firm to make a sale on credit and receive payment from the purchasing firm.
• B)the time it takes the cheque to clear through the banking system so that the funds are available to the firm.
• C)the time it takes the receiving firm to process the cheque and deposit it in an account.
• D)the time it takes the cheque to reach the firm after it is mailed by the customer.

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Definitions:

Ethnicity

A social group that shares a common and distinctive culture, religion, language, or the like.

Abnormal Behavior

Patterns of emotion, thought, or action deemed pathological for one of several reasons, including statistical rarity, violation of norms, or personal distress.

Operant Conditioning

A form of associative learning in which the consequences of a behavior change the probability of the behavior’s occurrence.

Organic Causes

refers to physical or biological factors that lead to medical conditions, as opposed to psychological or environmental factors.