Question
Winnie the Pooh is thinking about honey and trying to remember something about float. Owl says float is the time between the subtraction or addition
Winnie the Pooh is thinking about honey and trying to remember something about float. Owl says float is the time between the subtraction or addition of cash to the companys books and the actual subtraction or addition to the companys bank account. Owl also reminds Pooh that there are two basic types of float: Payment float and Collection float. Lastly, Owl tells Pooh that management should try to _________________.
Group of answer choices
Decrease Payment float and decrease Collection float.
Decrease Payment float and increase Collection float.
Increase Payment float and decrease Collection float.
Increase Payment float and increase Collection float.
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