Instructions: the Following Sentences Form a Passage

question 71

Multiple Choice

Instructions: The following sentences form a passage. For each one, select correct if the sentence is punctuated correctly, fragment if it is a fragment, run-on if it is a run-on, and comma splice if it is a comma splice. All his life, however, McLurkin has enjoyed building things.

• A) correct
• B) fragment
• C) run-on
• D) comma splice

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Definitions:

Collection Float

The time gap between when a check is deposited into a bank account and when the funds become available.

Opportunity Cost

Opportunity cost refers to the potential benefits an individual, investor, or business misses out on when choosing one alternative over another.

Net Float

The difference between checks written against and deposited in an account and those that have been cleared and charged against the account.

Short-term Investments

Financial assets that are expected to be converted into cash or sold within a short timeframe, usually one year or less.