Based on the definition of float presented in the chapter, discuss several possibilities for improving the cash float for your company, assuming you are the cashier.

2. "A control plan that helps to attain operational effectiveness by providing assurance of creditworthiness of customers also helps to achieve the information process control goal of sales order input validity." Do you agree? Explain fully.

3. How do you determine what groceries (ex. bread, milk, peanut butter, toilet paper, etc.) you need to buy for your household? Have you ever run out of an essential product? How do you determine what quantity to buy when you go to the grocery store? Are you "overstocked" on any household product? Could you implement a reorder point or EOQ system for your home? Explain fully.