In Automated Systems, Payroll Is Frequently Processed Using a Batch

question 69

True/False

In automated systems, payroll is frequently processed using a batch approach.

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Definitions:

Deposits

Money placed into a bank account or a sum of money paid into a financial institution for safekeeping.

Normal Distribution

A bell-shaped distribution that is symmetric about the mean, describing how values of a variable are spread or dispersed.

Mean

The arithmetic average of a set of numbers, calculated by adding them together and dividing by the count of numbers.

Standard Deviation

It quantifies the spread of a dataset, illustrating how much individual data points diverge from the mean value.