One of the physician owners of a partnership medical practice left his wallet at home and wants the office manager to give him $10 from the cash drawer so he can buy lunch. What should the office manager do?
A. Take the $10 and have the physician put an IOU in the cash drawer.
B. Loan him $10.
C. Take $10 from the petty cash lockbox and record that the physician will repay it.
D. Tell the physician to borrow $10 from one of the partner physicians.
Answer: C
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