Accounting Fundamentals Cash Controls
Authored by Patricia Trubee
Business
8th Grade
Used 12+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 6 pts
Money in the form of bills or coins
debit card
cash
bank account
pocket change
2.
MULTIPLE CHOICE QUESTION
30 sec • 6 pts
assets which can be turned into cash in a short period of time
supplies
cash equivalent
debit card
3.
MULTIPLE CHOICE QUESTION
30 sec • 7 pts
procedures which monitor the process of receiving and distributing cash
receipts
invoices
cash controls
checks
4.
MULTIPLE CHOICE QUESTION
30 sec • 7 pts
procedures which are considered to be the most effective
best practices
cash controls
GAAP
IFS
5.
MULTIPLE CHOICE QUESTION
30 sec • 7 pts
place money in a bank
check
withdraw
IFT
deposit
6.
MULTIPLE CHOICE QUESTION
30 sec • 7 pts
take money out of a bank
withdraw
deposit
debit card
petty cash
7.
MULTIPLE CHOICE QUESTION
30 sec • 6 pts
transactions which require two people to complete
best practices
petty casg
dual control
cash control
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