Which of the Following Strategies Could Permanently Increase Your Firm's

question 4

Multiple Choice

Which of the following strategies could permanently increase your firm's net float?

• A)Increase payment float; increase availability float
• B)Decrease payment float; decrease availability float
• C)Increase payment float; decrease availability float
• D)Decrease payment float; increase availability float

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Definitions:

Destruction of Subject Matter

The termination of a contract due to the accidental destruction of the contract's subject matter, leaving the agreement without a base.

Accidental Destruction

describes the unintentional damage or ruin of an object, property, or material, often due to unforeseen circumstances or events.

Auction Without Reserve

An auction in which the item for sale will be sold regardless of price, with no minimum bid set.

Bid Revocation

The act of withdrawing a bid before it is accepted, which can typically be done as long as the withdrawal does not violate the terms of the bidding process.