From 1701 to 1763, What Was at Stake in the Wars

question 52

Multiple Choice

From 1701 to 1763, what was at stake in the wars between Great Britain and France?

• A)The position as Europe's leading maritime power, with the ability to claim profits from Europe's overseas expansion
• B)The ability of each to establish effective systems to supply expanding militaries
• C)The preeminent position in continental Europe with the ability to shape domestic policy in many nations
• D)The control over slave trade routes to support colonial development in the Caribbean

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Definitions:

Disbursement Float

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

Collections Float

The time gap between when a check is deposited in a bank and when the funds become available, affecting the cash flow of the business.

Credit Department

The division within a company or financial institution that is responsible for managing customer credit and collecting payments.

DSO

Days Sales Outstanding (DSO) is a measure of the average number of days that it takes a company to collect payment after a sale has been made.