An Exception to Disbursements Being Made by Check Is Acceptable

question 151

Multiple Choice

An exception to disbursements being made by check is acceptable when cash is paid

• A) to an owner.
• B) to employees as wages.
• C) from petty cash.
• D) to employees as loans.

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Definitions:

Ethical Issues

Situations or problems requiring a choice between conflicting moral principles or actions.

Society

A community of people living together in an ordered community, sharing customs, laws, and organization.

Mandated Boundaries

Limits or restrictions imposed by legal or regulatory authorities that dictate acceptable behavior or activity.

Legal System

The comprehensive set of rules and principles, institutions, and processes established by a government or society to enforce laws, provide justice, and regulate conduct within a country or community.