Question
Knott Inc. has a petty cash fund of $750. (A) Since the petty cash fund is only $750, should Knott implement controls over petty cash?
Knott Inc. has a petty cash fund of $750. (A) Since the petty cash fund is only $750, should Knott implement controls over petty cash? (B) What controls, if any, could be used for the petty cash fund?
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Principles Of Auditing: An International Perspective
Authors: Rick Stephan Hayes, Philip Wallage, Arnold Schilder, Roger Dassen
1st Edition
0077095324, 978-0077095321
