A(n) ________ is a set of structured activities or action steps designed to improve an organization

A firm needs spare cash to deal with capital budget appropriations, dividend payments, and other large outlays. The interest rate on bank loans is simply quoted as:

A) simple interest B) transactions motive C) speculative motive D) precautionary motive

For good controls over cash payments, the company officer approving a payment voucher should be the same as the person who ordered the goods, to ensure that the correct amount of cash is paid

Indicate whether the statement is true or false