The cash disbursements process involves which two following sub-processes?
A)approving cash disbursements and recording cash disbursements.
B)approving cash receipts and recording cash disbursements.
C)approving cash disbursements and recording cash receipts.
D)approving cash receipts and recording cash receipts.

Question

Quizplus · Accepted Answer

The cash disbursements process involves two sub-processes: approving cash disbursements and recording cash disbursements. This involves the approval of payments to be made by the organization and the recording of these payments in the accounting system. The other options involve cash receipts, which are not part of the cash disbursements process.

The Cash Disbursements Process Involves Which Two Following Sub-Processes