A set of procedures and approvals that is designed to control cash disbursements and the acceptance of

Question:

A set of procedures and approvals that is designed to control cash disbursements and the acceptance of obligations is rec ferred to as a(n):

a. Internal cash system.

b. Petty cash system.

c. Cash disbursement system.

d. Voucher system.

e. Cash control system.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

College Accounting Ch 1-14

ISBN: 9781260904314

1st Edition

Authors: John Wild, Vernon Richardson, Ken Shaw

Question Posted: