_______________OB Is Based on the Belief That with the Considerable

question 33

Short Answer

_______________OB is based on the belief that with the considerable power organizations have to affect other stakeholders,there also is considerable responsibility to these stakeholders.

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Definitions:

Cash Sales

Transactions in which payment for goods or services is made at the time of sale, typically in cash or equivalent means.

Cash Register

A mechanical or electronic device for registering and calculating transactions at a point of sale.

Voucher System

A control procedure in accounting where vouchers are used to authorize and document transactions before payment is made.

Supporting Documents

Documentation that provides evidence for financial transactions, serving as a basis for recording entries in the accounting system.