________ is the situation where there is a difference between when the money goes out to pay business expenses and when it comes in from sales.

Fill in the blank(s) with the appropriate word(s).


Float

Float is the difference between when the money goes out and when it comes in.

Business

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The payback method is often more useful than the net present value method for evaluating systems projects because the effective lives of information system tend to be short and shorter payback projects are often desirable

Indicate whether the statement is true or false

Business

Products tend to consume a disproportionate share of management and financial resources relative to their future worth throughout which stage of the product life cycle?

A. growth B. decline C. maturity D. harvest E. innovation

Business

What is NOT an element of a great marketing dashboard?

A. forecasting B. earnings report C. predictive value D. tools for customer insights E. goals and objectives

Business

The preexisting rule allows for midstream changes to be enforceable in a contract

Indicate whether the statement is true or false

Business