Availability Float Reflects the Amount on Cheques That Has Been

question 44

True/False

Availability float reflects the amount on cheques that has been deposited by a company but that has not been cleared.

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Definitions:

Independent Variable

A variable that is manipulated or classified in an experiment or study to observe its effect on the dependent variable.

Dependent Variable

The variable in an experiment or model that is assumed to depend on one or more independent variables.

Coefficient of Correlation

A metric that evaluates the degree and angle of a direct correlation between two quantities.

Coefficient of Determination

A statistical measure, often denoted as R-squared, that represents the proportion of the variance for a dependent variable that's explained by an independent variable or variables in a regression model.