Examlex
The class intervals below represent ages of respondents. Which set of intervals is both exhaustive and mutually exclusive?
Company Deposit
Funds placed into a financial institution by a company for safekeeping or to earn interest.
Deposits in Transit
Funds that have been sent to a bank but have not yet been recorded in the bank's records and thus do not appear in the bank balance.
Book Balance
The balance of an account according to the accounting records, not necessarily reflecting the available cash or cleared funds.
Bank Balance
The total amount of funds available in a bank account at a given moment, including all deposits and subtracting any withdrawals.
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