menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting Study Set 9
  4. Exam
    Exam 4: Internal Control and Cash
  5. Question
    A Fund with a Small Amount of Cash on Hand
Solved

A Fund with a Small Amount of Cash on Hand

Question 63

Question 63

Multiple Choice

A fund with a small amount of cash on hand for minor payments is called a:


A) petty cash fund
B) miscellaneous expense fund
C) money market fund
D) cash disbursement fund

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q26: What is a bank reconciliation? Why is

Q61: For effective internal control in an organization,

Q62: Which characteristic will not be found in

Q64: In a bank reconciliation, adjustments to the

Q73: The cost of printing cheques should be

Q77: If the bank records a deposit of

Q94: On the balance sheet numerous bank accounts

Q110: If the balance on the bank statement

Q131: To control payments for purchases of invoices,the

Q133: In a bank reconciliation,a bank collection is:<br>A)

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines