A Set of Procedures and Approvals Designed to Control Cash

question 132

Multiple Choice

A set of procedures and approvals designed to control cash disbursements and the acceptance of obligations is referred to as a(n) :

• A) Internal cash system.
• B) Petty cash system.
• C) Cash disbursement system.
• D) Voucher system.
• E) Cash control system.

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Definitions:

Physiological Processes

The functions and activities within living organisms that contribute to life, including such processes as metabolism, homeostasis, growth, and reproduction.

Passive Transport

The movement of substances across cell membranes without the need for energy, utilizing gradients of concentration, pressure, or electrical charge.

Capillaries

Tiny blood vessels that connect arteries and veins, facilitating the exchange of oxygen, nutrients, and waste between blood and tissues.

Filtration

A physical or mechanical process used to separate solid particles from fluids or gases by passing them through a filter medium.