Which of the following statements is incorrect? (a) The petty cashier is reimbursed regularly to make up
Question:
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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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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