"Float" Takes Place Because

question 100

Multiple Choice

"Float" takes place because:

• A) a firm is early in paying its bills.
• B) the level of cash on the firm's books is equal to the level of cash in the bank.
• C) a lag exists between writing a cheque and it being debited to the bank account.
• D) a customer writes "hot" cheques.

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Definitions:

Seating Arrangement

The organization and placement of seats in a space, often designed to facilitate communication, visibility, or interaction in meetings, events, or public spaces.

Aptitude-Treatment Interaction

A theory in educational psychology that suggests the effectiveness of a particular teaching method depends on the learner's aptitude.

Trainees

Individuals who are undergoing training in order to improve their skills for a specific job or activity.

Aptitude

An individual's natural ability or potential to learn and acquire skills or knowledge in a specific area or domain.