Author Question: You should prepare a petty cash voucher for each expenditure in a petty cash fund. Indicate ... (Read 101 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?

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.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

For a complete list of videos, visit our video library