Data That Has Been Collected for Some Other Purpose Than

question 37

Multiple Choice

Data that has been collected for some other purpose than to answer the question at hand is called .

• A)primary data
• B)demographic data
• C)secondary data
• D)quantitative data

---

Definitions:

Voucher System

A method of internal business control that involves a documented process for making disbursements and controlling expenditures.

Invoice Approval

The process of reviewing and verifying an invoice before it is paid to ensure that the charges are accurate and the goods or services were received.

Petty Cash Reimbursement

The process of refilling the petty cash fund to its set level after its funds have been used for small, incidental expenses.

Journal Entry

A record in accounting that represents a transaction with debits and credits documented in the appropriate accounts.