An Example of Good Internal Controls Over Cash Payments Is

question 13

True/False

An example of good internal controls over cash payments is the taking of all cash discounts offered.

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Definitions:

Constant

A value that does not change in mathematical expressions or in programming, it represents fixed values.

Quantified Universal

A logical statement that asserts that all members of a particular category meet a specific condition.

Open Sentence

A statement or expression containing one or more variables that can produce a truth value only when values are assigned to the variables.

Singular

Refers to something that is unique, individual, or one of a kind.