Examlex
Find the sample variance for the following data set:
Nonsufficient Funds
A situation where an account does not have enough money to cover a check or withdrawal, leading to a bounced check or declined transaction.
Debit Memo
A document issued to adjust downward the balance of an account, typically in the case of returns or discrepancies.
Bank Statement
A document provided by a bank, detailing the transactions in an account over a specified period.
Outstanding Checks
Checks that have been written and recorded in the payer's ledger but not yet cashed or cleared by the bank.
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