Question 2
Petty CashA fixed amount of money set aside for petty expenses is
- A.imprest
- B.float
- C.receipt
- D.fund.
Show the answer and explanation
Answer: B (float)
Explanation
The fixed sum given to the petty cashier is the float (imprest amount).
A fixed amount of money set aside for petty expenses is
Answer: B (float)
The fixed sum given to the petty cashier is the float (imprest amount).