Bank Overdrafts Repayable on Demand May Be Included in the Cash

question 45

True/False

Bank overdrafts repayable on demand may be included in the cash and cash equivalent balance.

---

Definitions:

Margin of Error

The maximum amount by which the sample results are expected to differ from the true population value.

Normally Distributed

Describes a distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values from the mean.

Skewed

Skewed describes a distribution that is asymmetrical, where its tail extends more on one side than the other, often used in statistical data analysis.