Match the following terms with the appropriate definition

The set of policies and procedures

managers use to monitor and

control business activities

The supplier $($seller$)$ of goods or

services

Sarbanes$-$Oxley Act

Cash

Discounts lost

Cash equivalent

Liquid assets

Vendor

Regulation requiring public

An expense used under the net

method of accounting for

purchases resulting from failure to

take advantage of cash discounts

offered

Currency, coins, and amounts on

deposit in bank accounts

An asset such as cash that can be

readily used to settle near$-$term

obligations

companies to document and

certify their system of internal

controls