Author Question: The small amount of cash that is kept in the office for minor expenses is ____________. a. cash pool ... (Read 134 times)

sdfghj · **on:** Jun 25, 2018

The small amount of cash that is kept in the office for minor expenses is ____________.
a. cash pool
b. general fund
c. petty cash
d. voucher amount

Question 2

If the supplier cannot supply an item on the order, what is issued?
a. Back order slip
b. Statement
c. Invoice
d. Packing slip

ansleighelindsey · **Reply #1 on:** Jun 25, 2018

Answer to Question 1

c
RATIONALE: The small amount of cash that is kept in the office for minor expenses is petty cash.

Answer to Question 2

a
RATIONALE: If the supplier cannot supply an item on the order, a back order slip is issued.