"Float" Takes Place Because

question 6

Multiple Choice

"Float" takes place because

• A) a firm is early in paying its bills.
• B) the level of cash on the firm's books is equal to the level of cash in the bank.
• C) a lag exists between writing a check and clearing it through the banking system.
• D) a customer writes checks without adequate supporting balances.

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Definitions:

Eyelids

Thin folds of skin that cover and protect the eyes, capable of blinking to help keep the eyes moist and free of debris.

Receptors

Biological structures or proteins on the surface of cells that bind to specific molecules, triggering a response within the cell.

Tongue

A vital muscle located within the mouth that plays a crucial role in the processes of taste perception, the act of swallowing, and the ability to speak.

Umami

Savory taste produced by glutamic acid (monosodium glutamate), recognized as the fifth taste sensation.