The Float Is Defined As

question 31

Multiple Choice

The float is defined as:

• A)the time between when payables are accrued and when they are paid.
• B)the time between when the sale is made and when the money is available for use by the receiving firm.
• C)the time between when payment is initiated and the time the money is available for use by the receiving firm.
• D)the time between when sale is made and the time the payment cheque is issued to the receiving firm.

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Definitions:

Observable Behaviors

Actions or reactions of an individual that can be noticed and measured by others without inferring internal states.

Unconscious Determination

The influence of unconscious factors on thoughts, behaviors, and decisions, highlighting the role of hidden mental processes.

Behavior Consequence

The outcome or result of an action, which can either reinforce the behavior or deter it in the future.

Reinforcement

A psychological principle involving the use of rewards or punishments to increase or decrease the likelihood of a particular behavior.