Which of the Following Is Not True of Float Management

question 11

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.

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Definitions:

Fallacy

An erroneous argument or reasoning, often misleading or based on unsound logic.

Ad Hominem

A logical fallacy where an argument is rebutted by attacking the character, motive, or other attribute of the person making the argument rather than addressing the substance of the argument itself.

Gambling

Wagering money or something of value on an outcome that is largely determined by chance.

Idiot

Used historically in psychology to describe a person with profound intellectual disability, the term is now considered derogatory and outdated.