Examlex
The second framework of the four frameworks approach to the research project is:
Reasonable Assurance
An acceptable level of certainty or confidence in the accuracy of financial statements, provided by internal controls.
Petty Cash Fund
A small amount of cash on hand used for covering minor or incidental expenses in a business.
Cash Short
A situation where the actual amount of cash on hand is less than the recorded amount in the accounting records.
Journal Entry
An accounting record of a business transaction, indicating the financial effects on the company's accounts.
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