What Is a Surge

question 24

Multiple Choice

What is a surge?

• A) a tremendous earthquake
• B) a type of volcano
• C) a high speed, violent ash-rich shock wave
• D) an underground magma flow
• E) a mixture of hot volcanic ash and steam that rushes down the volcano's slope

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Definitions:

Voucher System

A method in accounting used to authorize and document transactions, ensuring payments are made for authorized purchases only.

Cash Receipts

The collection of money, including coins, currency, checks, and electronic fund transfers, received by a business.

Cash Payments

The act of settling debts, purchasing goods, or services by transferring physical currency or through electronic means as opposed to using credit.

Voucher Register

A journal or ledger used to record vouchers and their corresponding financial transactions in the accounting cycle.