A Lunar Eclipse Can Occur Only When the Moon Is

question 65

Multiple Choice

A lunar eclipse can occur only when the Moon is in or near the ______________ phase.

• A) new
• B) first-quarter
• C) last-quarter
• D) full

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Definitions:

Collection Float

The time period between when a payment is made by a customer and when the funds become available in the company’s account.

Cheques

Paper instruments that instruct a bank to pay a specific amount of money from the check writer's account to the person or entity in whose name the cheque has been issued.

Deposit

A sum of money placed into an account or given to a party as security for the performance of an agreement.