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Because a Large Number of International Transactions Fail to Get

question 99

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Because a large number of international transactions fail to get recorded, statisticians insert a residual, known as statistical discrepancy, to ensure that total debits equal total credits.


Definitions:

Hearing

The sense through which sound is perceived, involving the detection of vibrations through the ear.

Taste

One of the five senses, it is the perception of flavor perceived in the mouth and throat on contact with a substance.

Olfaction

The sense of smell, an important sensory system allowing for the detection and identification of odors in the environment.

Audition

The sense of hearing; the perception of sound.

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