If a Firm's Availability Float Exceeds Its Payment Float, Then

question 77

Multiple Choice

If a firm's availability float exceeds its payment float, then the firm has:

• A)More available balance than shown in its ledger
• B)Less available balance than shown in its ledger
• C)Net float equal to the payment float
• D)Net float equal to the availability float

---

Definitions:

Trade Name

The name under which a business operates or is known to the public, which might be different from its legal, registered name.

Entrepreneurship

The act of creating, designing, and running a new business venture, often starting as a small enterprise and seeking to innovate and scale.

Timmons Model

A framework in entrepreneurship that emphasizes the dynamic balance between opportunity, resources, and team as vital components for venture success.

International Markets

Consist of all the buyers and sellers outside of the company's own country, representing opportunities for trade, investment, and expansion.