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The Control of Actual Cash (As Opposed to Checks)received in the Mail

question 24

True/False

The control of actual cash (as opposed to checks)received in the mail relies largely on direct supervision.


Definitions:

Mean

The mean value, determined by dividing the total sum of numbers in a series by the quantity of numbers in that series.

Median

The middle value in a sorted list of numbers, or the average of the two middle numbers when the list has an even number of entries.

Standard Deviation

An approach to quantifying how much a group of numbers disperses or varies from each other.

Mean

The arithmetic average of a set of numbers, calculated by adding them together and dividing by the number of values.

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