Nations Whose Mountains Divide Them into Smaller Regional Areas Include

question 16

Multiple Choice

Nations whose mountains divide them into smaller regional areas include:

• A)the U.S.,Mexico and Canada
• B)Switzerland,Afghanistan,China and Colombia
• C)Luxembourg,France and Romania
• D)Estonia,Latvia and Lithuania

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Definitions:

Collection Float

The time period between when a check is deposited into a bank account and the time the funds are available and officially credited to the account.

Book Balance

refers to the current balance in a company’s accounting records, not including any pending transactions that have not yet been cleared or settled.

Net Collection Float

The time difference between when a check is deposited and when the funds are available in the firm's account, affecting available cash.

Net Disbursement Float

The time difference between when a check is issued by a company and when the funds are actually withdrawn from the company's bank account.