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A higher rather than lower level of employee involvement is preferable when:
Cash
Money in the form of coins or banknotes held by an individual or organization, readily available for transactions.
Adjusting Entries
Bookkeeping entries executed at the termination of a financial period for the purpose of apportioning earnings and expenses to the actual period they took place.
Balance Sheet Accounts
Accounts appearing on the balance sheet, representing a company's assets, liabilities, and equity at a specific point in time.
Income Statement Accounts
Accounts that reflect income, expenses, gains, and losses, which are used to determine the net income of a business.
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