Which of the Following Is Not True of Float Management

question 42

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 the above are true of float management.

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