Evaluated Receipts Settlement Is ________

question 77

Multiple Choice

Evaluated Receipts Settlement is ________.

• A) a streamlined process that bypasses paper documents altogether
• B) a process that eliminates the need for separation of duties
• C) a procedure that compresses the payment approval process into a single step by comparing the receiving report to the purchase order
• D) an organizational plan and all the related measures adopted by an entity to safeguard assets, encourage employees to follow company policies, promote operational efficiency, and ensure accurate and reliable accounting records

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Definitions:

Deinstitutionalisation

The process of replacing long-stay psychiatric hospitals with less isolated community mental health services for those diagnosed with a mental disorder or developmental disability.

Tranquillisers

Medications used to reduce tension or anxiety, often affecting the central nervous system to induce calmness.

Antianxiety Drugs

Medications used to treat anxiety disorders by reducing symptoms of anxiety.

Antipsychotic Drugs

Medications designed to treat symptoms of psychosis, including hallucinations, delusions, and disturbed thoughts, commonly used in schizophrenia and bipolar disorder.