Examlex
What device is designed to open and disconnect a circuit in the event of excessive current?
Vouchers Payable
An accounting term referring to an obligation or liability of a company to pay a debt evidenced by a voucher.
Control Features
Mechanisms, policies, or procedures implemented to safeguard assets, ensure accurate and reliable financial data, and promote operational efficiency.
Voucher System
An internal control method in accounting where vouchers are prepared before payments are processed to ensure transactions are authorized and recorded properly.
Check Register
A record of transactions in a checking account, tracking all checks written, deposits made, and current balance.
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