Beginning About 750 B

question 28

Multiple Choice

Beginning about 750 B.C., all of the following occurred in the Greek world except

• A)a shift from herding to farming.
• B)the rise of city-states.
• C)colonization of the Mediterranean and Black Sea coasts.
• D)the Thera catastrophe.
• E)an increase in population.

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Definitions:

Available Balance

The amount of funds in a checking or savings account that is accessible for immediate use, taking into account any pending transactions.

Net Collection Float

Net collection float refers to the difference in time between when a check is deposited into a bank account and when the funds are available for use, affecting a company's cash flow.

Net Float

The difference between checks written against and deposited in an account, which affects the balance available in the account.

Collection Float

The time period between when a payment is made by a customer and when the funds become available in the company's account.