Which of the Following Items Should Not Be Included in the Cash

question 45

Multiple Choice

Which of the following items should not be included in the Cash caption on the statement of financial position

• A)Coins and currency in the cash register
• B)Checks from other parties presently in the cash register
• C)Amounts on deposit in checking account at the bank
• D)Postage stamps on hand

---

Definitions:

Confidence Interval

A selection of values, based on sample statistics, forecasted to incorporate the value of an unknown population parameter.

Population Mean

Population mean is the average of all the values in a population.

Standard Deviation

A statistic that measures the dispersion or variation of a dataset relative to its mean, indicating how spread out the data points are.

Population Mean

The average value of all items in a population, representing the central point of a data set.