Asked by
Rishi Mallela
on Nov 14, 2024Verified
Which one of the following items would not be considered cash?
A) Coins
B) Money orders
C) Currency
D) All of these choices are considered cash.
Money Orders
A payment order for a pre-specified amount of money, often used as a safer alternative to cash or personal checks.
Currency
The system of money in common use in a country, utilized as a medium of exchange.
Coins
Coins are metallic forms of money issued by governments as a medium of exchange, featuring denominations and usually bearing a national symbol.
- Determine the approaches to control cash receipts and payments.
Verified Answer
DL
Learning Objectives
- Determine the approaches to control cash receipts and payments.