Collections Float Offsets Disbursement Float

question 104

True/False

Collections float offsets disbursement float. If a firm's collections float is greater than its disbursement float then a firm is said to operate with positive net float.

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Definitions:

Emotional Competence

The ability to recognize, understand, and manage one's own emotions as well as the emotions of others.

Emotional Balance

A state of stability in one's feelings, enabling rational thinking and effective handling of life situations.

Transactional Analysis

A psychoanalytic theory and method of therapy wherein social transactions are analyzed to understand behavior.