Which of the Following Best Describes the Availability Float

question 64

Multiple Choice

Which of the following best describes the availability float?

• A)how long it takes the firm to process the cheque and deposit it in the bank
• B)how long it takes before the bank gives the firm credit for the funds
• C)how long it takes before payments to suppliers actually result in a cash outflow for the firm
• D)how long it takes for a firm to be able to use funds after a customer has paid for its goods
• E)how long it takes before payments to suppliers actually result in cash outflow for the firm

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Definitions:

Organism

Any living entity that can function independently, exhibiting characteristics of life such as growth, metabolism, response to stimuli, and reproduction.

Intonation

The variation of pitch while speaking, which can change the meaning of words and sentences.

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Infants in their first few weeks of life, typically considered to be from birth to one month of age.