Identify the Primary Advantage That Grassroots Organizations Have Over Large

question 2

Multiple Choice

Identify the primary advantage that grassroots organizations have over large, well-established organizations.

• A)Members are very passionate about only one or two issues.
• B)Organization is usually well funded from local sources.
• C)Membership is drawn from a diverse, more representative population.
• D)Organization deals with issues that have national significance.

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Definitions:

Float

The time difference between when a check is written and when the corresponding amount is actually withdrawn from the payer's account.

Collected Balance

Collected Balance refers to the amount of funds in a bank account that is available and has been processed completely, distinguishing it from the ledger balance.

Ledger Balance

The total balance of a bank account, calculated at the end of each business day, including all deposits and withdrawals that have been posted to the account.

Lockbox Arrangements

A service provided by banks to process payments quickly by collecting and depositing checks into the company's account on behalf of the company.