Chapter+7+practice+quiz-2

Chapter+7+practice+quiz-2 - Vocabulary Quiz Chapter 7 Name...

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Vocabulary Quiz Name ______________________ Date ______________ Chapter 7 1. The plan of organization and all the related methods adopted within a business to safeguard its assets and enhance the accuracy and reliability of its accounting records. 2. Resources that consist of coins, currency, checks, money orders, and money on hand or on deposit in a bank or similar depository. 3. A cash fund used to pay relatively small amounts. 4. Deposits recorded by the depositor that have not been recorded by the bank. 5. Short-term, highly liquid investments that can be converted to a specific amount of cash. 6. A projection of anticipated cash flows, usually over a one- to two-year period. 7. Company employees who evaluate on a continuous basis the effectiveness of the company’s system of internal control. 8. A check that is not paid by a bank because of insufficient funds in a customer’s bank account. 9.
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Chapter+7+practice+quiz-2 - Vocabulary Quiz Chapter 7 Name...

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