Customers' Meter Deposits, Which Cannot Be Spent for Normal Operating

question 41

Multiple Choice

Customers' meter deposits, which cannot be spent for normal operating purposes, would be classified as restricted cash in the balance sheet of which fund type?

• A) Internal service fund.
• B) Private-purpose trust fund.
• C) Enterprise fund.
• D) Special revenue fund.

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Definitions:

Z-statistic

The Z-statistic is a type of standard score that indicates how many standard deviations an element is from the mean, used in hypothesis testing for normal distributions.

Standard Error

A measure that describes the distribution of sample means around the population mean in a sampling distribution.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values; indicates how much the values in a data set differ from the mean.

Variability

A measure of how much scores in a data set differ from each other and from the mean, indicating the spread or dispersion of the data points.