Which of the following statements is incorrect? (a) The petty cashier is reimbursed regularly to make up

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Which of the following statements is incorrect?
(a) The petty cashier is reimbursed regularly to make up the cash balance to the imprest
(b) Every payment made by the petty cashier should be supported by evidence
(c) In an emergency the petty cashier may give staff loans of small amounts
(d) The Petty Cash Book could be either a subsidiary book or a main book of accounts

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Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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