Transit float is caused by

A) the time required for the firm to process remittance checks.
B) the time funds are not available, through the company's bank account, until its payment
check has cleared the banking system.
C) the elapsed time from the moment a customer mails his remittance check until the firm begins
to process it.
D) the time necessary for a deposited check to clear the banking system and become usable funds
to the company.

D

Business

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The sale of a business opportunity that included the inventory and a lease would require

a. a business opportunities license b. a real estate license c. no license d. a securities license

Business

Which of the following would best support your ability to negotiate a starting salary?

A) wearing business attire during the negotiation meeting B) understanding all your strengths and weaknesses C) market demand for your skill set D) dollar amounts of offers you have turned down E) your ability to call in a personal favor with those you know in the organization

Business