A petty cash fund is:
FINANCIAL
POST UTME OAU
A petty cash fund is:
- A) Used to pay relatively small amount
- B) reimbursed when the amount of money in the fund is reduced to a predetermined minimum amount
- C) Established by estimating the amount of cash needed for disbursement of relatively small amount during a specified period
- D) All of the above
Correct Answer: D) All of the above
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *