For Good Controls Over Cash Payments,the Company Officer Approving a Payment

question 78

True/False

For good controls over cash payments,the company officer approving a payment voucher should be the same as the person who ordered the goods,to ensure that the correct amount of cash is paid.

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Definitions:

Field-Dependent

A cognitive style in which an individual’s ability to perceive and memorize information is strongly influenced by the surrounding context.

Trichromatic Theory

A theory explaining color vision based on the presence of three types of color receptors in the eye, each sensitive to red, green, or blue.

Color Afterimages

Visual illusions where an image continues to appear in one's vision after exposure to the original image has ceased, typically in complementary colors.

Hammer

A tool typically used to drive nails into, or pull them from, some other object, usually consisting of a handle and a heavy head used to deliver an impact.