What is the purpose of a float plan?

The purpose of a float plan is to inform someone of your boating plans. This plan typically includes details such as your destination, the expected return time, the types of activities you will be engaged in, and the contact information for you and your vessel. By sharing this information, you ensure that someone is aware of your whereabouts and can alert authorities if you do not return as scheduled, which enhances safety on the water.

The other options, while related to various aspects of boating, do not capture the primary function of a float plan. Tracking the speed of the vessel, calculating fuel consumption, and listing all equipment on board are important operational tasks that contribute to safe boating practices but do not fulfill the specific intent of a float plan, which is centered around communication and safety in case of emergencies.