Which of the Following Is the Best Definition of the Accounting

question 2

Multiple Choice

Which of the following is the best definition of the accounting term cash drawer?

• A) The employee authorized to withdraw cash from the petty cash lock box
• B) The desk or file cabinet drawer containing the cash lock box
• C) A drawer containing a mix of bills and coins for receiving cash and making change
• D) The person who designs the various denominations of printed money

---

Definitions:

Gains from Trade

The increase in welfare or overall efficiency that arises from individuals or nations engaging in voluntary exchange or trade.

Increase in Total Output

A rise in the quantity of goods or services produced by an economy or firm.

Specialize

The focus on a narrow area of activity or field of study, which often leads to increased efficiency and effectiveness in producing goods or offering services.

Tasks

Specific pieces of work to be done, often as part of a broader project or job.