Estimate the Answer to the Problem A) $1990
B) $16

question 72

Multiple Choice

Estimate the answer to the problem.
-In a shop that sells a variety of nuts, the prices of some items are as given below. If Sarah buys 2 lb of cashews, 1 lb of walnuts, and 2 lb of raisins, how much did she have to pay? $$\begin{array} { l | c } \text { Item } & \text { Cost/lb } \\\hline \text { Almonds } & \$ 4.50 \\\text { Walnuts } & \$ 3.90 \\\text { Cashews } & \$ 4.90 \\\text { Pecans } & \$ 3.70 \\\text { Raisins } & \$ 3.10\end{array}$$

• A) $19.90
• B) $16.00
• C) $26.90
• D) $23.80

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Definitions:

Cash Drawer

A container or compartment within a cash register where cash from transactions is kept, often used in retail settings.

Internal Control

Processes and procedures implemented by a firm to safeguard assets, enhance the reliability of financial reports, and ensure compliance with laws and regulations.

NSF

An acronym standing for "Non-Sufficient Funds," indicating that a check cannot be honored due to inadequate funds in the payer's account.

Internal Control

Internal Control refers to the processes and procedures implemented by a company to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.