What is float, and what are its three components? What are the firm's objectives with regard to collection float and to payment float? What are the three main advantages of cash concentration explain? What are three mechanisms of cash concentration explain ? What is the objec-tive of using a zero-balance account (ZBA) in a cash concentration system? What two characteristics make a security marketable? Why are the yields on nongovernment marketable securities generally higher than the yields on government issues with similar maturities? Explain how understand the management of receipts and disbursement, including Speeding up collection, slowing down payments and investing in marketable securities