In Order to Make Successfully Intelligent Financial Decisions,you Should

question 5

Multiple Choice

In order to make successfully intelligent financial decisions,you should

• A)make a budget.
• B)avoid making impulse buys.
• C)avoid using credit cards unnecessarily.
• D)all of the above

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Definitions:

Voucher System

An internal control system designed to control a company’s cash payments.

Stock Certificate

Formal document issued to investors in a corporation that shows the number of shares purchased.

Voucher System

A method of accounting in which each transaction is recorded through the use of a document, or voucher, ensuring expenditures are authorized and recorded accurately.

Paid Voucher File

Holds paid vouchers filed either in sequential order by voucher number or alphabetically by creditor’s name.