A Slide Is an Error That Results When Zeros Have

question 161

True/False

A slide is an error that results when zeros have been added or deleted when writing an amount.
Example: 20,000 is written as 2,000.

---

Definitions:

Currency Reserves

Funds in foreign currencies held by a central bank or government as part of their international payment assets to influence currency exchange rates and stabilize the economy.

Financial Crisis

A significant disruption in the flow of funds, leading to financial instability in markets and institutions characterized by a rapid devaluation of assets and failure of businesses.

International Monetary Fund

A global organization that provides financial assistance and advice to member countries.

Multilateral Organization

An international institution formed by three or more nations to work on issues that are relevant to each of them.