You Would Use Deposit Reference No

question 4

Multiple Choice

You would use deposit reference no. when a single bank statement entry -

• A) shows that several cheques were withdrawn or cashed on the same day
• B) shows the net effect of cheques and deposits for the same day
• C) shows that more than one signature is needed to authorize bank transactions
• D) shows that several cheques were deposited at the same time

---

Definitions:

Standard Deviation

A metric indicating the extent of difference or scattering among a series of figures.

Variability

The measure of how much data points in a set diverge from the average or mean value, indicating the spread or dispersion of the dataset.

Standard Deviation

A measure that is used to quantify the amount of variation or dispersion of a set of data values.

Standard Error

The typical variability or spread in the sampling distribution of a statistic, most commonly the mean, is referred to as the standard deviation.