Which of the Following Is Not True of Float Management

question 56

Multiple Choice

Which of the following is not true of float management?

• A) Float management involves controlling the collection and disbursement of cash.
• B) An objective of float management is to speed up the collection float.
• C) An objective of float management is to slow down disbursement float.
• D) Float management will succeed if the firm can collect late and pay early.
• E) All of these are true of float management.