Economics Questions from Feb 16,2025

Browse the Economics Q&A Archive for Feb 16,2025, featuring a collection of homework questions and answers from this day. Find detailed solutions to enhance your understanding.

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Multiple Choice Question A(n) system involves the processing of purchases and payments made on account. O imprest 0 reconcher 0 accounts payable 0 cash receipts Multiple Choice Question After approval of a purchase has been obtained, the purchasing agent completes a prenumbered___ that identifies the supplier, the delivery location, and the approved quantity and cost. receiving report purchase order voucher purchase requisition Multiple Choice Question An example of an EFT is O direct deposit of employee paychecks 0 a voucher system 0 a purchase requisition 8 Lab Assignment Question 9, P8-17 (similar to) HW Scorce \( 49.05 \%, 0.81 \) of 20 ports Save Ponts: 0 of 1 Breckenisge (using the CAPM)? \( \qquad \) The appropriate expected retum of Breckenidge is \( \square \) 1. (Round to two decimal places) Multiple Choice Question The purchasing system begins with an authorized employee completing a manual or electronic __ which is then reviewed and approved by a supervisor before an order is placed with a supplier. purchase order voucher receiving report purchase requisition supplier invoice Multiple Select Question Select all that apply Good internal controls for cash receipts that should be performed by a supervisor include __ (Check all that apply.) \( \square \) restricting access to cash by locking it up comparing cash in registers with cash count sheets bank deposits giving a cash register receipt to every customer recording the cash receipts in the journal Multiple Choice Question A(n)__ is a collection of documents prepared in the process of approving, processing and documenting all purchases and payment made on account. O imprest O cash count sheet O voucher Fill in the Blank Question Mandatory \( \square \) is a policy that is established to make it difficult for fraudsters to cover up their theft while they are away. Multiple Choice Question The definition of EFT is \( \begin{array}{l}\text { O equergency funds transfer } \\ \text { O electronic funds transfer }\end{array} \) Multiple Choice Question If the cash collected is less than the amount per the cash register, then O Cash Shortage is credited O Cash Shortage is debited O Cash Overage is credited O Cash Overage is debited
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