In a Set of Scores with a Mean of 100

question 5

Multiple Choice

In a set of scores with a mean of 100 and a standard deviation of 5, what is the z score associated with a raw score of 95?

• A) -5
• B) 5
• C) -1
• D) 1

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Definitions:

Outstanding Checks

Checks that have been written and recorded in a company's books but have not yet been cleared or cashed by the bank.

Deposit In Transit

Refers to money that has been received and recorded by a business but has not yet been recorded by the bank.

Notes Receivable

Claims against others for money, goods, or services evidenced by promissory notes that are to be paid within a certain period of time.

Bank Reconciliation

is a process of matching the balances in an entity's accounting records for a cash account to the corresponding information on a bank statement.