Which of the Following Statements Is NOT Correct? Real-Time Gross

question 38

Multiple Choice

Which of the following statements is NOT correct? Real-Time Gross Settlement (RTGS) :

• A)is fed by ESA holder's transactions,high value CHESS transactions and Austraclear transactions.
• B)settles transactions in the order they arrive in RITS.
• C)requires the compilation by the national collator of all obligations that each institution participating to the payments system had that day against the other participants.
• D)settles transactions one by one.

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Definitions:

Sample Size

The number of individuals or observations included in a sample taken from a population.

Maximum Allowable Error

The largest error that is considered acceptable in the calculation or measurement process.

Test Statistic

A value calculated from sample data that is used to test a hypothesis in statistics.

Normal

A type of statistical distribution where data is symmetrically distributed around the mean, known as the Gaussian distribution.