Author Question: You should prepare a petty cash voucher for each expenditure in a petty cash fund. Indicate ... (Read 73 times)

dalyningkenk

  • Hero Member
  • *****
  • Posts: 598
You should prepare a petty cash voucher for each expenditure in a petty cash fund.
 
  Indicate whether the statement is true or false.

Question 2

When the amount of an office expenditure is small and repayment should be made immediately, it may be more convenient to make the payment by check rather than petty cash.
 
  Indicate whether the statement is true or false.



joneynes

  • Sr. Member
  • ****
  • Posts: 376
Answer to Question 1

T

Answer to Question 2

F



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

For a complete list of videos, visit our video library