As Recently as a Few Hundred Years Ago, Most Westerners

question 16

Multiple Choice

As recently as a few hundred years ago, most Westerners thought the earth was about how many years old?

• A)60 million
• B)6 million
• C)60,000
• D)6,000

---

Definitions:

Internal Controls

Processes put in place by management to ensure reliability of financial reporting, effective and efficient operations, and compliance with laws and regulations.

Cash Payments

Outflows of cash to settle obligations or purchase goods and services.

Voucher

A written authorization or proof of transaction that details the terms and conditions of a financial exchange or payment.

Liability

A financial obligation or amount owed by a business or individual to another entity.