In Time, the ____________ Variable Precedes the _____________ Variable

question 38

Multiple Choice

In time, the ____________ variable precedes the _____________ variable.

• A) hypothetical, theoretical
• B) empirical, quantitative
• C) independent, dependent
• D) dependent, independent

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Definitions:

Cheques

Documents that order a bank to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued.

Collection Float

The time span between when a check is deposited and when the funds are actually available in the account, reflecting processing time.

Checks

Checks are written, dated, and signed instruments that direct a bank to pay a specific sum of money to the bearer or a designated party.