Float, When Applied to Cash Receipts, Is the Time Between

question 9

True/False

Float, when applied to cash receipts, is the time between customer payment and the availability of funds on deposit and available.

Know the regulations governing trade, especially those related to insider trading.

Understand the mechanism and benefits of shelf registration.

Understand the concept and execution of program trading and its impact on financial markets.

Differentiate between primary and secondary market transactions.