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    Accounting Principles
  4. Exam
    Exam 8: Fraud, Internal Control, and Cash
  5. Question
    The Custodian of the Petty Cash Fund Has the Responsibility
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The Custodian of the Petty Cash Fund Has the Responsibility

Question 149

Question 149

True/False

The custodian of the petty cash fund has the responsibility of recording a journal entry every time cash is used from the fund.

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