Choose the Year Closest to the Enactment of Unemployment Insurance

question 24

Multiple Choice

Choose the year closest to the enactment of unemployment insurance:

• A) 1929
• B) 1935
• C) 1946
• D) 1955

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Definitions:

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.

Cash Shortage

A situation where the actual cash on hand is less than the expected amount, often due to errors, theft, or mismanagement.

Replenishment

The process of refilling inventory or stock to ensure adequate levels for ongoing operations or sales demands.