Which Two of the Following Are Involved in Recording Cash

question 118

Multiple Choice

Which two of the following are involved in recording cash disbursements?

• A)Check or electronic funds transfer
• B)Cash disbursements journal
• C)Voucher
• D)Purchases database

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Definitions:

Productivity

The measure of how efficiently goods and services are produced, often evaluated by comparing output to input in a given time period.

Profitability

The degree to which a business or activity yields profit or financial gain.

Nonprofit Administrators

are individuals involved in managing and leading nonprofit organizations, focusing on achieving their missions with limited resources.

Entrepreneurs

Individuals who organize and operate businesses, taking on greater than normal financial risks in order to do so.