A Primary Purpose of the Proof of Cash Is To

question 56

Multiple Choice

A primary purpose of the proof of cash is to:

• A)prevent fraud.
• B)reconcile actual cash receipts and disbursements to budgeted receipts and disbursements.
• C)investigate variances from expected cash balances.
• D)ensure that all cash receipts recorded in the cash receipts journal were deposited in the bank account.

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Definitions:

Optic Nerve

A nerve located in the skull that is essential for transferring visual signals from the retina to the brain.

Synapse

The junction between the axon tip of the sending neuron and the dendrite or cell body of the receiving neuron. The tiny gap at this junction is called the synaptic gap or synaptic cleft.

Visual Cortex

The part of the brain responsible for processing visual information, located in the occipital lobe.

Color Receptors

Specialized types of cells in the eyes, primarily cones, that respond to and process color.