Since World War II, the ________ Has Brought Together a Wide

question 10

Multiple Choice

Since World War II, the ________ has brought together a wide range of nations for regular negotiations designed to reduce barriers to trade.

• A)North Atlantic Treaty Organization (NATO)
• B)North American Free Trade Agreement (NAFTA)
• C)General Agreement on Tariffs and Trade (GATT)
• D)International Monetary Fund (IMF)

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Definitions:

Voucher System

An accounting system that involves the use of vouchers as proof of a transaction's occurrence, used for controlling expenditures.

Disbursements

Payments made by a business in the course of its operations, often involving the outflow of cash to vendors or suppliers.

Control Procedures

Measures and policies implemented by a firm to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.

Petty Cash Fund

A minor sum of money maintained for the purpose of covering various minor costs through immediate transactions.