Match the Terms with the Definitions

question 21

Multiple Choice

Match the terms with the definitions.
-A receipt that is prepared for every payment from the petty cash fund.

• A)outstanding checks
• B)cash
• C)petty cash voucher
• D)automated teller machines
• E)change fund
• F)internal control
• G)credit memos
• H)debit memos

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Definitions:

Judicial Precedent

A principle or rule established in a previous legal case that is binding or persuasive for a court when deciding subsequent cases with similar issues or facts.

Customs

The official department that administers and collects the duties levied by a government on imported goods, as well as the traditions and accepted practices within a society.

National Industrial Recovery Act

A law passed in 1933 as part of the U.S. New Deal to stimulate economic recovery, establish fair competition, and reduce unemployment.

Unconstitutional

An action or legislative act that is deemed to be in violation of the constitution of a country.