A Set of Procedures and Approvals That Is Designed to Control

question 163

Multiple Choice

A set of procedures and approvals that is designed to control cash disbursements and the acceptance of obligations is referred to as a(n) :

• A)Internal cash system
• B)Petty cash system
• C)Cash disbursement system
• D)Voucher system
• E)Cash control system

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Definitions:

Bennis And Nanus

Researchers known for their work on leadership, particularly in identifying strategies and behaviors of effective leaders.

Management By Exception-Active

A management style where the manager actively seeks out deviations from the norm or problems in order to take corrective actions promptly.

Intellectual Stimulation

The aspect of leadership that involves promoting innovation and creativity among followers.

Contingent Reward

A leadership strategy where rewards are given based on the performance or achievement of specific criteria.