Question

Paying by check helps a business to control cash when the ______. (select all that apply.)

Answer 1

Paying by check helps a business control cash when the: manager studies the documents supporting the payment before signing the check and checks are pre-numbered and written sequentially. Options A and  C

This is further explained below.

What is business?

Generally, An organization or entrepreneurial body that engages in commercial, industrial, or professional activity is what we mean when we talk about "doing business."

Both for-profit and non-profit groups may operate under the business umbrella. There are many different kinds of businesses, such as sole proprietorships, partnerships, corporations, and limited liability companies (LLCs).

Payment is the voluntary tender of cash or its equal or of objects of value by one party to another in return for goods or services given by them or to meet a legal duty.

Payments may also be made in order to fulfill a legal requirement. It is standard practice to refer to the party that is making the payment as the payer, while the party that is receiving the money as the payee.

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CQ

Paying by check helps a business to control cash when the ______. (Check all that apply.)

a. manager studies the documents supporting the payment before signing the check

b. checks are deposited only at the company's bank

c. checks are pre-numbered and written sequentially