Multiple Choice
The size of the petty cash fund is dependent on
A) the wishes of the custodian of the fund.
B) anticipated disbursements for the year.
C) anticipated disbursements for a three- to four-week period.
D) the size of the regular cash account.
Correct Answer:

Verified
Correct Answer:
Verified
Q209: A deposit made by a company will
Q210: In preparing its bank reconciliation for
Q211: Related purchasing activities include<br>A) ordering receiving paying.<br>B)
Q212: Having different individuals receive cash record cash
Q213: The fraud triangle applies to<br>A) U.S companies
Q215: The principle of establishing responsibility does not
Q216: Electronic Funds Transfer (EFT) is a disbursement
Q217: A petty cash fund should be replenished<br>A)
Q218: The following reconciling items are applicable to
Q219: If a company deposits all its receipts