Collection Float

question 7

Multiple Choice

Collection float:

• A)is more desirable to firms than disbursement float.
• B)is totally eliminated by the installation of a lockbox system.
• C)exists when a firm's available balance exceeds its book balance.
• D)can be avoided by collecting payments electronically at the time of sale.
• E)is eliminated by implementing a concentration banking system.

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Definitions:

Sexual History

An account of an individual's past sexual activities, preferences, and significant experiences.

Divorced

The legal dissolution of a marriage by a court or other competent body, resulting in the termination of a marital union.

Descriptive Research Method

A systematic approach to research that aims to describe the characteristics of a phenomenon or population without manipulating variables.

Naturalistic Observation

A research method involving the systematic study of behavior in its natural context without intervention by the researcher.