Some Students Have to Work Both to Help Support Their

question 53

Essay

Some students have to work both to help support their families and to provide themselves with needed materials and clothes.Others work so that they can have a better lifestyle that includes recreation opportunities,cars,and stereo and computer equipment.What effect does part-time work have on education?

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Definitions:

Internal Controls

The processes and procedures implemented within an organization to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.

Accounting Records

Documents and ledgers that record financial transactions and the financial position of an organization, used for analysis and compliance purposes.

Voucher System

An accounting system that involves preparing and using vouchers, which are documents that authorize and record the payment of a company expense.

Cash Payments

Transactions involving the immediate transfer of cash to settle the purchase of goods, services, or a debt.