Which of the Following Best Defines the 10% Presumption

question 41

Multiple Choice

Which of the following best defines the 10% presumption?

• A) Only about 10 percent of products produced in the United States are industrial products; the remaining 90 percent are consumer products.
• B) Only about 10 percent of the world's organizations are multilateral; the remaining 90 percent are bilateral.
• C) Only about 10 percent of countries are sovereign nations; the remaining 90 percent are not sovereign.
• D) Only about 10 percent of activity is conducted globally; the remaining 90 percent is domestic.

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Definitions:

Weighted Average

A mean calculated by giving values in a data set more influence according to some attribute of the data, such as frequency or importance.

Daily Receipts

The total amount of cash collected by a business within a single day.

Delay

The act of postponing or deferring an action or event, often resulting in the respective activity being carried out later than originally planned.

Cash Concentration Accounts

These are accounts used by companies to concentrate cash from multiple accounts into a single account for effective cash management.