Identify the Procedure Below That Is NOT Essential for Proper

question 90

Multiple Choice

Identify the procedure below that is NOT essential for proper control over cash payments.

• A)Make all payments out of a petty cash fund or a travel and entertainment fund.
• B)Use prenumbered checks.
• C)Enter all cash payments promptly in the accounting records.
• D)Have only designated personnel approve bills and invoices before they are paid.

---

Definitions:

Predictor Variable

A variable used in statistical models to predict or influence the outcomes of a dependent variable.

First-Order Model

A model that describes a system's behavior using a first-degree polynomial, indicating linear relationships between variables.

Unit Increase

A term typically used in statistical or mathematical contexts to denote an increment of one in the value of a variable or parameter.

Holding Constant

A method in statistical analysis where other variables are kept fixed while examining the effect of a particular variable.