_____ Refer to a Technique Used to Give Free Rein

question 24

Multiple Choice

_____ refer to a technique used to give free rein to creativity within organizations.

• A)Skunkworks
• B)Creative departments
• C)Venture teams
• D)Switching structures

---

Definitions:

General Journal Entry

A general journal entry is a record of financial transactions that includes details such as date, accounts impacted, amounts, and a brief description of the transaction.

Petty Cash Fund

A petty cash fund is a small amount of cash on hand used for paying expenses too small to merit writing a check or using a credit card.

Reimburse

To pay back or compensate someone for expenses they have incurred, typically related to business costs or travel expenses.

Voucher System

A business's set of procedures for authorizing and recording liabilities and cash disbursements.