Most Companies Use an Imprest Account to Pay the Payroll

Multiple Choice

Most companies use an imprest account to pay the payroll. Which of the following is not an advantage of such an account?

A) It allows the delegation of payroll check- signing duties.
B) It limits the company's exposure to payroll fraud.
C) It eliminates the requirement of keeping a minimum balance in a checking account.
D) It facilitates cash management.