$26.$

What are the principal methods for keeping track of a business's income and expenses?

Select all answers that apply:

A$.$ the Cash Receipts and Disbursements method

B$.$ the Cash method

C$.$ the Accrual method

D$.$ the Hybrid method

E$.$ the Deferral method

$27.$ B

What should you set up for small cash needs in the day$-$to$-$day operation of your business?

Select the single best answer:

A$.$ a bank account with an ATM card for employees

B$.$ a petty cash box

C$.$ a cookie jar with cash in it

D$.$ You should require that employees contact the bookkeeper when cash is needed.

E$.$ You should have your employees pay for these things.

$28.$

When choosing a check design for a business account, which of the following check styles can you use if you plan to prepare your checks manually?

Select all answers that apply:

A$.$ Voucher

B$.$ Notebook

C$.$ Loose$-$leaf

D$.$ Pad

E$.$ Duplicating