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QUESTION 1 What is the purpose of keeping a change fund in a business? to pay balance to customers to meet smaller expenses in the business to pay daily wages none of the above QUESTION 2 In a petty cash register any amount of cash gained or lost through errors is called a cash over account. cash short account. petty cash account. cash short & over account. QUESTION 3 The total cash in a cash register drawer minus the change fund is: the total sales. the total cash sales from the cash register tape. the credit sales. the change fund. QUESTION 4 The original cost of an asset minus the accumulated depreciation is known as the: book value. market value. original value. depreciation. QUESTION 5 The amount to be depreciated divided by the estimated useful life comprise the: annual depreciation expenses. accumulated depreciation. partial depreciation. market value of an asset