What Occurs When Paper Maps Are Laid Edge-To-Edge and Items

question 32

Multiple Choice

What occurs when paper maps are laid edge-to-edge and items that run across maps do not match are reconfigured to match?

• A) Automatic vehicle location
• B) Geographic information system
• C) Cartography
• D) Edge matching

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Definitions:

Average Daily Float

Average daily float refers to the average amount of uncollected funds in a company's bank account, essentially representing checks that have been issued but not yet cleared.

Lockbox System

A service offered by banks to companies for the collection of payments from customers, involving the customers sending their payments to a special post office box.

Net Present Value

A technique utilized in the process of capital budgeting to assess an investment's profitability by determining the difference between the present value of cash inflows and outflows.

Treasury Bills

Short-term government securities with maturation periods of one year or less, considered a safe and liquid investment option.