Cash Control Systems Are Designed to

question 125

Multiple Choice

Cash control systems are designed to

• A) insure adequate cash is available to meet maturing obligations
• B) insure that the proper amount of unused cash is invested
• C) safeguard cash
• D) protect the organization against business failure by keeping the organization liquid

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Definitions:

Pooled Estimate

A method used to combine estimates from different groups or studies to obtain a common estimate when the groups are considered homogeneous.

Water Consumption

The amount of water utilized by individuals, households, or groups for drinking, sanitation, cooking, and other purposes.

Confidence Interval

A span of numerical outcomes obtained from statistical analysis of a sample, which probably includes the value of a parameter from the entire population that is not known.

Sample Standard Deviation

A statistic that measures the dispersion or variability of a sample set of data points from its mean.