152.Match the following terms with the appropriate definitions. 1. Currency, coins, and amounts on deposit in bank accounts. 2. The set of policies and procedures managers use to monitor and...











152.Match the following terms with the appropriate definitions.






1. Currency, coins, and amounts on deposit in bank accounts.



2. The set of policies and procedures managers use to monitor and control business activities.



3. A bill sent from the supplier to the buyer.



4. A device that perforates the amount of a check into its face, making it difficult to alter.



5. The supplier (seller) of goods or services.



6. Short-term, highly liquid investments that are readily convertible to a known cash amount and are sufficiently close to their maturity date so that the market value is not sensitive to interest rate changes.



7. An expense used under the net method of accounting for purchases resulting from failure to take advantage of cash discounts offered.



8. Regulation requiring public companies to document and certify their system of internal controls.



9. An asset such as cash that can be readily used to settle near-term obligations.Purchase



10. An internal document listing the goods needed by a department and requesting that the goods be purchased.











May 15, 2022
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