A Way to Account for Petty Cash by Maintaining a Constant

question 128

Multiple Choice

A way to account for petty cash by maintaining a constant balance in the petty cash account and which at any time requires that cash plus petty cash tickets must total the amount allocated to the petty cash fund,is known as the ________.

• A) control system
• B) voucher system
• C) balanced system
• D) imprest system

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Definitions:

Genital Stage

The final stage in Freud’s psychosexual stages; from puberty on, sexual urges are allowed back into consciousness and the individual moves toward adult social and sexual behavior.

Freudian Stages

A series of developmental stages that Sigmund Freud theorized children go through, each associated with a different area of pleasure.

Personality Development

Personality development involves the growth and advancement of personal characteristics and traits which contribute to the overall personality of an individual.

Puberty

The physical changes that occur in the body as sexual development reaches its peak.