Control Over Cash Disbursements Is Generally More Effective When

question 194

Multiple Choice

Control over cash disbursements is generally more effective when

• A) all bills are paid in cash.
• B) disbursements are made by the accounts payable subsidiary clerk.
• C) payments are made by check.
• D) all purchases are made on credit.

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Definitions:

Cognition-based

Relating to the mental action or process of acquiring knowledge and understanding through thought, experience, and the senses.

Team Leader

An individual who guides, inspires, and coordinates the efforts of a group towards achieving its objectives.

Trust

Confidence or reliance on the character, ability, strength, or truth of someone or something.

Cognition-based

Trust or attitudes that are built on the foundation of one's knowledge, reliability, and perceived competence of another party.