Float Is the Net Number of Days of Cash Flowing

question 106

True/False

Float is the net number of days of cash flowing into or out of a company.

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Definitions:

Pygmalion Effect

The phenomenon whereby higher expectations lead to an increase in performance; a form of self-fulfilling prophecy in the context of personal or organizational development.

Expectations

Beliefs or anticipations about the way things will or should be, often shaping behavior and perceptions.

Performance

A measurement of how effectively a task or activity is being accomplished.

Self-Fulfilling Prophecy

A psychological phenomenon where a belief or expectation, whether correct or not, influences behavior in a way that causes the belief to become a reality.