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Unlike affirmative action,diversity:
Outstanding Cheques
Checks that have been written and recorded in the issuer's financial statements but have not yet been cashed or cleared by the bank.
Outstanding Deposits
Funds that have been deposited but not yet credited to the depositor's account, often due to processing time.
Trading Costs
Expenses incurred in the process of buying or selling securities, including commissions, spreads, and slippage.
Marketable Securities
Financial instruments that can be quickly converted into cash at market value, such as stocks, bonds, and Treasury bills.
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