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An Executive in a Computer Software Firm Works with His

question 48

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An executive in a computer software firm works with his office door closed.At the same time every hour he opens the door to see what his employees are doing.The employees have learned to work especially hard during the five minutes before and while the door is open.Their work pattern is typical of responses that are reinforced on a ________ schedule.


Definitions:

Cash Concentration Account

A bank account used by companies to consolidate and manage cash from multiple locations or accounts, improving liquidity management.

Collection Float

The time delay between when a check is written and when it is actually deducted from the payer's account, impacting the receiver's cash flow.

Disbursement Float

The time delay between when a check is issued and when the funds are actually withdrawn from the payer's account.

Ledger Balance

The total amount recorded in a company's ledger, representing the total assets, liabilities, and shareholders' equity at a specific time.

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