Examlex
Situation
Arnold is 56 years old and considers himself to be in good health.He has a family history of heart disease,stroke,and diabetes.He recently had a routine physical exam.He was told that his blood pressure was 130/85,his total cholesterol was 210 (LDL was 175 and HDL was 35) ,and his glucose levels were normal.Arnold was also informed that his weight of 190 pounds made him about 10 pounds overweight.
-What is the nature of the physician's concern?
Petty Cash Fund
A small amount of cash kept on hand for minor or incidental expenses within a business.
Journal Entry
A record in accounting that represents a transaction and its effects on various accounts, typically involving at least one debit and one credit.
Cash Short and Over
An account that tracks discrepancies between the expected cash amounts and the actual cash counted, indicating shortages or overages.
Bank Account Reconciling
The process of comparing and matching figures from the accounting records against those presented on a bank statement to ensure they are in agreement and accurate.
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