Examlex

Solved

Motions Are Usually Made ________

question 13

Multiple Choice

Motions are usually made ________.


Definitions:

Vouchers Payable

Vouchers payable is an accounting term for records that detail the amounts owed by a business to its suppliers or vendors for goods or services received.

Liability Account

An accounting record of amounts owed to creditors, representing claims against the company’s assets.

Voucher System

A control process in accounting where vouchers are used to authorize and record transactions before payments are made.

Internal Control

Processes and procedures implemented by a company to safeguard assets, enhance the reliability of financial reports, and ensure compliance with laws and regulations.

Related Questions