Numerals Are Used for Numbers That Are Composed of Two

question 5

True/False

Numerals are used for numbers that are composed of two or more digits.

Understand the procedures and significance of controlling cash receipts and payments.

Recognize the use and purpose of a voucher system in internal controls.

Understand basic bank services and their roles in controlling cash.

Recognize the purpose and process of a voucher system in controlling cash payments.

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Definitions:

Grid Computing

A technology that connects geographically dispersed computers to create a virtual supercomputer for processing intensive tasks.

Utility Computing

A service provisioning model in which computing resources are provided and billed like traditional utilities such as electricity.

Variable Rate

An interest rate that can change over the duration of a loan, typically based on underlying benchmarks or indexes affecting the cost of lending.

LANs

Local Area Networks, a computer network that interconnects computers within a limited area such as a residence, school, or office building.