In Order to Hold Each Department Manager Accountable for Monthly

question 13

Multiple Choice

In order to hold each department manager accountable for monthly cash transactions, a business will often prepare:

• A) A bank reconciliation.
• B) A bank statement.
• C) A cash budget.
• D) Petty cash vouchers.

---

Definitions:

Public Park

An area of natural, semi-natural, or planted space set aside for human enjoyment and recreation or for the protection of wildlife or natural habitats.

Nonexcludable

Referring to a good, describes the case in which the supplier cannot prevent those who do not pay from consuming the good.

Nonrival

A characteristic of a good or service that allows its consumption by one person without reducing its availability to others.

Common Resources

Natural or man-made resources that are not owned by anyone, tend to be overused or depleted, and are difficult to exclude people from using.