________ Float Is the Delay Between the Receipt of a Check

question 238

Multiple Choice

________ float is the delay between the receipt of a check and the actual deposit of it into a firm's account.

• A) Disbursement
• B) Deposit
• C) Processing
• D) Clearing

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Definitions:

Environmental Opportunities

Circumstances in the external environment that a business can exploit to its advantage.

Organizational Weaknesses

Aspects of an organization that reduce its ability to reach its goals, including deficiencies in resources, processes, or capabilities.

Mission Statement

A concise statement that defines the purpose and guiding principles of an organization, informing its goals and strategic direction.

Statement of Purpose

A written document that outlines an individual's objectives and motivations for pursuing a particular course of study or career path.