To Obtain Some Order and Provide Industry Projections, the Government

question 80

Multiple Choice

To obtain some order and provide industry projections, the government statistician classifies business markets into nineteen broad divisions. This classification is known as the ANZSIC, an acronym, which stands for which of the following?

• A) Australia and New Zealand Sectional Industry Code
• B) Actuarial and Normal Zenith Scheme of Industry Classification
• C) Australia and New Zealand Stock Instrument of Classification
• D) Advanced and Natural Scheme of Industry Classification
• E) Australian and New Zealand Standard Industrial Classification

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Definitions:

Bank Statement

A document issued by a bank listing all transactions in an account over a specific period, including deposits, withdrawals, fees, and interest earned.

Checkbook Balance

The current total amount of money available in a checking account, as recorded by the account holder in their checkbook.

Outstanding Checks

Checks that have been written and recorded in the account balance but have not yet been cashed or cleared by the bank.

Outstanding Deposit

Funds that have been received but not yet processed by a financial institution.