Answer:
Collection float
Explanation:
Collection float is defined as the time interval between check payment made into a bank and the time the payment is cleared and credited to the beneficiary.
It is also caused when check payment received are not yet deposited or checks posted by customer but it is not yet received.
It is a major factor of discrepancy between the bank statement and the cash book record .
The answer of the given question is false which is the given statement is not true.
At its most basic level, CRM software compiles customer data and stores it in a single CRM database for easier management and access by company users.
CRM systems have had a lot of extra features added to them throughout time to increase their utility. Some of these features include the ability for managers to monitor performance and productivity based on data logged within the system, as well as the ability to automate various workflow automation processes, such as tasks, calendars, and alerts, depending on system capabilities. Other features include recording various customer interactions via email, phone, social media, or other channels.
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Performance measures such as average response times, repair times, and percent defective are referred to as <u>metrics</u>
Know more about metrics:
The decimalized system based on the metre that had been adopted in France in the 1790s was replaced by the metric system, which is a system of measurement.
Under the direction of an international standards body, the historical evolution of these systems culminated in the definition of the International System of Units (SI) in the middle of the 20th century. Metrication is the process of converting to the metric system.
Although the metric system has evolved and changed since it was first introduced, its fundamental ideas have remained mostly unchanged. It included a fundamental collection of measurement units, generally referred to as base units, and was created for international use.
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<span>Business advisory services such as legal or advertising are classified under the services and supplies category of industrial products.
An industrial product is a product a company uses within itself. It is a consumable good that a company will use to make their good/product from. This can be used for the business or the family/individual personalized use. </span>
Answer:
Net cash provided by investing activities $221,100
Explanation:
The computation of the cash flows from investing activities is shown below:
Sale of equipment (65300 - 14000) 51300
Less: Purchase of new truck -89000
Add: Sale of land 198000
Add: Sale of Long-term investments 60800
Net cash provided by investing activities $221,100
