Examlex
Team members take the responsibilities of scheduling work and vacations and ordering materials in a self-directed team.
Voucher System
An accounting system that involves preparing and approving vouchers before transactions are recorded and payments made, to ensure financial controls.
Control Procedures
Measures and policies implemented by a company to ensure the integrity of financial and accounting information and compliance with laws and regulations.
Cash Equivalents
Temporary investments which can quickly be converted into specific cash sums and have a negligible risk of value fluctuation.
Petty Cash Fund
A petty cash fund is a small amount of cash kept on hand by a business for making immediate payments for minor expenses, managed through a petty cash system.
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