The Internal Control Process That Requires the Approval of a Cash

question 3

Multiple Choice

The internal control process that requires the approval of a cash disbursement transaction to take place prior to the preparation of the check, will help to minimize the risk of:

• A)Fictitious payments
• B)Invalid payments
• C)Timing issues
• D)Stolen cash

Distinguish between directional and nondirectional research hypotheses.

Describe the concept of generalizability and its importance in research studies.

Define and differentiate between null hypothesis and research (alternative) hypothesis.

Identify the characteristics and functions of one-tailed and two-tailed tests in hypothesis testing.

---

Definitions:

Education

The act of obtaining or providing structured learning, particularly in educational institutions like schools or universities.

Least Squares Regression Line

A straight line that best fits the data points in a scatterplot, minimizing the sum of the squares of the vertical distances of the points from the line.

Speed

The rate at which an object covers distance, usually measured in units per time such as miles per hour or meters per second.

Estimate

An estimate is a rough calculation or judgment of the value, number, quantity, or extent of something.