Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The term float refers to the allowable amount of cash short or over. amount of cash that the operator of a cash register is given

The term float refers to the

allowable amount of cash short or over.

amount of cash that the operator of a cash register is given to make change.

difference between the cash register total and sales for the day.

maximum amount by which cash receipts can vary from the cash register tape.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Information For Decisions

Authors: John J Wild

3rd Edition

0072974729, 978-0072974720

More Books

Students also viewed these Accounting questions

Question

Are there diff erent kinds of memory?

Answered: 1 week ago

Question

Define Management or What is Management?

Answered: 1 week ago

Question

What do you understand by MBO?

Answered: 1 week ago

Question

What is meant by planning or define planning?

Answered: 1 week ago

Question

Define span of management or define span of control ?

Answered: 1 week ago