The Rationale Behind a Zero-Balance Account Is That

question 97

Multiple Choice

The rationale behind a zero-balance account is that:

• A)Float increases when suppliers wait for their funds
• B)Creditors will not be informed of cash balances
• C)No unnecessary funds are tied up
• D)Budgeting is easier to conduct

---

Definitions:

General Electric

A multinational conglomerate corporation, known for its diverse range of products and services, including power generation, healthcare technologies, and digital industry innovations.

Decision Making

The method of coming to a decision by recognizing the choice to be made, collecting relevant data, and evaluating different solutions.

Organizations

Structured groups of people who come together to achieve common goals through a coordinated system of activities.

Targeted Advertising

A marketing strategy that involves placing ads based on the audience's characteristics, such as demographics, behavior, and preferences, to enhance effectiveness.