If the Level of an Input Cannot Be Increased Because

question 39

Multiple Choice

If the level of an input cannot be increased because there is insufficient time to put them in place, they are called

• A)fixed input.
• B)changeable input.
• C)variable input.
• D)unchangeable input.

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Definitions:

Parties to a Check

The individuals or entities involved in a check transaction, including the drawer, payee, and drawee.

Maker

The party in a promissory note who is making the promise to pay.

Petty Cash

A petty cash reserve intended for settling small expenses that don't justify the use of a check.

Cash Over and Short

An account used to report a discrepancy between the physical cash counted and the expected amount in a company's records, representing either an excess or shortage.