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Identify and classify items as cash, cash equivalents, and non-cash items according to accounting standards.
Understand the principles of internal control over cash and cash equivalents.
Analyze and apply internal control principles to cash disbursement and receipt processes.
Understand the prevalence of fraud and the role of internal control in fraud prevention.

Definitions:

Frustration Aggression Hypothesis

A psychological theory suggesting that aggression is often the result of frustration caused by blocked goals.

Triggered Displaced Aggression

A form of aggression where a person redirects aggressive behavior towards a target other than the original source of provocation due to a triggering event.

Generalized Aggression

Aggressive behavior that is not directed at a specific target but is broadly manifested across different situations and contexts.

Sublimation

A defense mechanism where socially unacceptable impulses are transformed into socially acceptable actions or behavior.

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