A petty cash custodian should always:

A) maintain supporting documentation for any payment made from the petty cash fund.
B) record petty cash expenditures in the company's accounting records.
C) prepare the bank reconciliation for the petty cash account.
D) sign the checks for items paid from the petty cash fund.


A

Business

You might also like to view...

Read the information for Copper Corp On which date did the country club make a credit sale of club memberships?

a. August 2 b. August 3 c. August 5 d. August 7

Business

Which of the following statements is not true of a department in the merchandise classification scheme?

A. It is a level higher than classification in the merchandise classification scheme. B. The DMM, who manages the department, is responsible for several merchandise classifications. C. It is the second level in the merchandise classification scheme. D. It is at a lower level than the merchandise group in the merchandise classification scheme. E. It is managed by a general merchandise manager (GMM).

Business

When would an exclusive dealing contract be legally problematic?

What will be an ideal response?

Business

Of the four MBTI pairs of preferences, which one relates to Energy?

a. Extroversion and Introversion b. Sensing and Intuiting c. Thinking and Feeling d. Judging and Perceiving

Business