145. Match the following terms with the appropriate definition. 1. Short-term, highly liquid investments that are readily convertible to known cash amount and are sufficiently close to their maturity date so that the market value is not sensitive to interest rate change Liquid asset 2. Checks written by the depositor, deducted on the depositor's records, sent to the payees but not yet received by the bank for payment Cash 3. A document signed by the depositor instructing the bank to pay a specified amount to a designated recipient Purchase requisition 4. The buyer or purchaser of goods or services Cash equivalent 5. An asset such as cash that can be readily used to settle short-term obligations Invoice 6. All the policies and procedures managers use to protect assets, ensure reliable accounting, promote efficient operations and urge adherence to company policies Internal control system 7. An itemized statement of goods prepared by the vendor that lists the customer's name, the items sold, the sales price of each item and the terms of sale Vendee 8. The seller of goods or services Outstanding checks 9. An internal document listing the goods needed by a department and requesting that it be purchased Check 10. Currency, coins and amounts on deposit in bank checking and many savings accounts Vendor

145. Match the following terms with the appropriate definition. 1. Short-term, highly liquid investments that are readily convertible to known cash amount and are sufficiently close to their...

145. Match the following terms with the appropriate definition.

1. Short-term, highly liquid investments that are readily convertible to known cash amount and are sufficiently close to their maturity date so that the market value is not sensitive to interest rate change	Liquid asset
2. Checks written by the depositor, deducted on the depositor's records, sent to the payees but not yet received by the bank for payment	Cash
3. A document signed by the depositor instructing the bank to pay a specified amount to a designated recipient	Purchase requisition
4. The buyer or purchaser of goods or services	Cash equivalent
5. An asset such as cash that can be readily used to settle short-term obligations	Invoice
6. All the policies and procedures managers use to protect assets, ensure reliable accounting, promote efficient operations and urge adherence to company policies	Internal control system
7. An itemized statement of goods prepared by the vendor that lists the customer's name, the items sold, the sales price of each item and the terms of sale	Vendee
8. The seller of goods or services	Outstanding checks
9. An internal document listing the goods needed by a department and requesting that it be purchased	Check
10. Currency, coins and amounts on deposit in bank checking and many savings accounts	Vendor

May 15, 2022