Examlex
Use the following information to answer the questions below.
You are investigating the differences between three organic compounds. They all have the same carbon skeleton but have differences in their functional groups.
-You test for hydrophobicity and observe that one molecule type is extremely hydrophobic. Which of the following is the best possible conclusion?
Collection Float
The time period between when a check is deposited and when the funds become available in the recipient's account.
Net Float
Net float is the difference between the amount of checks written by a company and the amount that has been cleared and charged to the company's account, affecting its available balance.
Collection
The process of obtaining payment on outstanding accounts or the grouping of specific items, as in art or stamps.
Disbursements Float
The time difference between when a payment is made by a firm and when the funds are actually withdrawn from the firm's bank account.
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