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1		An analysis that explains the difference between the balance of a chequing account shown in the depositor's records and the balance reported on the bank statement is called a bank .


2		cheques have been paid by the bank and deducted from the customer's account.


3		The common term for describing currency and coins is .


4		When there is difference between recorded cash sales and the count of cash in the cash register, the difference is recorded in an account called the Cash account.


5		A is a document signed by the depositor instructing the bank to pay a specified amount of money to a designated recipient.


6		When a depositor deposits coin, currency, and cheques in the depositor's account with the bank, the depositor prepares a .


7		The policy of rotating the duties of personnel is one of the several policies and procedures that make up an system.


8		An itemized statement of goods prepared by the vendor and sent to to the customer (buyer) is called an .


9		An invoice contains a checklist of steps necessary for approving an invoice for recording and payment.


10		An asset such as cash that is easily converted into other types of assets or used to buy services or pay liabilities is called a asset.


11		A characteristic of an asset that refers to how easily the asset can be converted into another type of asset is called .


12		A business paper used by the purchasing department to place an order with the seller (vendor) is called a purchase (ORDER or REQUISITION).


13		A form used within a company to notify the appropriate persons that ordered goods have been received is the report.


14		The buyer or purchaser of goods or services is called the (VENDEE or VENDOR).


15		A is an internal business paper (or folder) used to accumulate other papers and information needed to control cash disbursements.


16		A voucher is a set of procedures and approvals designed to control cash disbursements and acceptance of obligations.


17		is an act in which two or more people agree to commit a fraud


18		ratio is used to assess a company's ability to cover its current debts with existing assets calculated as quick assets divided by current liabilities.


19		assets are those current assets that are most liquid, specifically cash, short-term investments, and receivables.


20		is an internal control principle requiring the division of responsibility for related transactions between two or more individuals or departments.


21		is an insurance policy purchased by a company to protect against losses from theft by that employee.

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