One option of controlling disbursements is to use a zero-balance account. How is a zero-balance account used?
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One option of controlling disbursements is to use a zero-balance account. How is a zero-balance account used? Multiple Choice By transferring funds in from a master account on an as needed basis. By paying off bills as soon as possible to maintain a zero balance. By keeping all accounts, including the master account at a zero balance. By not using credit to maintain a zero balance. By keeping the master account at zero unless needed to pay a bill.
Related Book For
Auditing and Assurance services an integrated approach
ISBN: 978-0132575959
14th Edition
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
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