A Stereotype Is

question 30

Multiple Choice

A stereotype is

• A)an attribute along which a group is split into subgroups.
• B)a generalization about a particular group of people.
• C)a way in which people are similar or different from each other.
• D)a difference in values,attitudes or beliefs.

---

Definitions:

Outstanding Checks

Checks that have been written and recorded in a company's financial ledger but have not yet been cashed or cleared by the bank.

Deposits in Transit

Funds that have been deposited by a company but not yet recorded by the bank, often causing a discrepancy in the bank statement versus the company’s record.

Contra-Revenue Account

An account that is deducted from a company's gross revenue, which results in net revenue, examples include sales returns, allowances, and discounts.

Sales Discounts

Refers to the reduction in the amount payable by a customer if the customer pays their invoice within a specific period as defined by the seller.