Any Nonzero Digit in a Measurement Is Considered Significant

question 24

True/False

Any nonzero digit in a measurement is considered significant.

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Definitions:

Certificates of Deposit

A savings certificate with a fixed maturity date and specified fixed interest rate, often issued by banks.

Net Float

The difference between check amounts written and deposited in the clearing process, affecting the available balance in the account.

Disbursement Float

The time lag between when a payment is made by writing a check and when the funds are actually withdrawn from the payer's account.

Collection Float

The interval between depositing a check into a bank account and the moment the deposited funds are accessible.