A Voucher System Is a Set of Procedures and Approvals

question 27

Multiple Choice

A voucher system is a set of procedures and approvals:

• A)Designed to eliminate the need for subsidiary ledgers.
• B)Designed to determine if the company is operating profitably.
• C)Used almost exclusively by small companies.
• D)Used to ensure that the company sells on credit only to creditworthy customers.
• E)Designed to control cash disbursements and the acceptance of obligations.

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Definitions:

James-Lange Theory

A theory of emotion that proposes emotions result from the physiological responses to external events, suggesting that we feel emotion because of biological changes caused by stress.

Cannon-Bard Theory

A theory of emotion that proposes emotions and physiological responses such as sweating and trembling happen simultaneously.

Cognitive Appraisal

A psychological process where individuals evaluate and interpret their emotional response to a specific situation.

James-Lange Theory

A theory suggesting that emotions result from the perception of bodily reactions to stimuli, rather than directly from the stimuli themselves.