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    Financial Accounting Study Set 31
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    Exam 7: Fraud, Internal Control and Cash
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    Entries Are Made to the Petty Cash Account When
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Entries Are Made to the Petty Cash Account When

Question 89

Question 89

Multiple Choice

Entries are made to the Petty Cash account when


A) establishing the fund.
B) making payments out of the fund.
C) recording shortages in the fund.
D) replenishing the fund.

Correct Answer:

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