ABC Corpshows a Ledger Balance of $50,000 Prior to Writing a a Check

question 72

Multiple Choice

ABC Corp.shows a ledger balance of $50,000 prior to writing a check for $5,000 and depositing $1,000 in checks.What is the amount of its net float?

• A) $1,000
• B) $4,000
• C) $5,000
• D) $6,000

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Definitions:

Management Teams

Groups of individuals who coordinate to make decisions and guide organizations towards achieving their goals and objectives.

Project Teams

Groups of individuals brought together to work on a specific project, typically with complementary skills and a common goal.

Advisory Teams

Groups formed to provide expert advice and guidance on specific matters, leveraging specialized knowledge to inform decision-making.

Mental Models

Internal representations of reality that people use to understand and interact with the world around them.