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

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Definitions:

Systems Perspective

A way of understanding and analyzing complex entities by examining them as coherent systems composed of interconnected and interdependent parts.

Hiring Decision

The process and outcome of evaluating and selecting candidates for employment positions within an organization.

Proceed

To continue or move forward with an action or task.

Managing Diversity

The practice of acknowledging, understanding, accepting, and valuing differences among people with respect to age, class, race, ethnicity, gender, disabilities, etc., within an organization.