What Do Theories NOT Do

question 6

Multiple Choice

What do theories NOT do?

• A)Describe the world.
• B)Offer predictions about the world.
• C)Provide answers to puzzles we have.
• D)Test hypotheses we have about the world.
• E)Help to prescribe policy responses.

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Definitions:

Voucher System

An internal control system designed to control a company’s cash payments.

Stock Certificate

Formal document issued to investors in a corporation that shows the number of shares purchased.

Voucher System

A method of accounting in which each transaction is recorded through the use of a document, or voucher, ensuring expenditures are authorized and recorded accurately.

Paid Voucher File

Holds paid vouchers filed either in sequential order by voucher number or alphabetically by creditor’s name.