8 A cash float is: (a) A predetermined amount of petty cash which is paid out at...

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8 A cash float is:

(a) A predetermined amount of petty cash which is paid out at regular intervals

(b) Cash used only for buying non-current assets

(c) A predetermined amount needed to meet petty cash expenditure, which is topped up at intervals

(d) The amount of petty cash after all the petty cash expenditure has been deducted

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Accounting And Finance For Business

ISBN: 9780273773948

1st Edition

Authors: Geoff Black, Mahmoud Al-Kilani

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Question Posted: Jul 02, 2024 09:04 AM

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8 A cash float is: (a) A predetermined amount of petty cash which is paid out at...

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Accounting And Finance For Business

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