Examlex
The central limit theorem states that if a random sample of size n is drawn from a population, then the sampling distribution of the sample mean :
Cheque Delay
A situation where there is a postponement in the processing or clearance of a cheque by a bank.
Average Daily Float
This refers to the average amount of uncollected checks or electronic transfers in the process of clearing.
Cheques
A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer.
Collection Delay
The time lag between the date an entity issues an invoice and the date it actually receives payment.
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