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This was passed by Congress due to the public outcry after the financial scandals of the early 2000s

Sarbanes-Oxley Act

This is a form on which is recorded pertinent data about a liability and the particulars of its payment


This is a written authorization to make a cash payment


A payment system that uses computerized electronic impulses to effect a cash transaction is called

electronic funds transfer

In preparing a bank reconciliation, the amount of deposits in transit is this from the balance per bank statement


In preparing a bank reconciliation, the amount of outstanding checks is this to the balance per bank statement


The main reason that the bank statement cash balance and the company's cash balance do not initially balance is due to this type of differences


When the petty cash fund is replenished, this account is credited for the total of all expenditures made since the fund was last replenished


A petty cash fund is used to pay this type of amounts


A summary of all transactions mailed to the depositor or made available online by the bank each month

bank statement

The overall attitude of management and employees about the importance of controls

control environment

The intentional act of deceiving an employer for personal gain

employee fraud

A special cash fund to pay relatively small amounts

petty cash fund

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