Examlex
What do we call the practice of a single corporation owning businesses that operate in different commercial sectors?
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.
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