The Time Between Writing a Cheque and When the Bank

question 37

True/False

The time between writing a cheque and when the bank deducts the money from your account is called "the float."

---

Definitions:

Consideration

The act of thinking carefully about various aspects of a situation before making a decision or judgment.

Traits Model

A theory in personality psychology that attributes people's behavior to consistent internal factors known as traits.

Leadership Effectiveness

The degree to which a leader successfully achieves desired outcomes through the direction, coordination, and development of resources and personnel.

Theory Y

A management theory proposing that employees are naturally responsible, creative, and capable of self-direction, advocating for a participative decision-making process.