Multiple Choice
An imprest petty cash fund would least likely be used to pay for which of the following items?
A) minor office supplies
B) monthly interest expense
C) stamps for small mailings
D) small contributions to a local charity
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q40: The auditor is generally concerned about the
Q41: _ is an automated fraud detection tool
Q42: When auditing financial instruments, the most difficult
Q43: The auditor should test for the proper
Q44: The audit and accounting concern addressed in
Q46: A proof of cash includes a reconciliation
Q47: A proof of cash includes four reconciliation
Q48: Based on the schedule of interbank transfers
Q49: Only tests of details of cash balances
Q50: The starting point for testing the ending