Examlex
Only one of the following is a true statement regarding the nature of knowledge in long-term memory. Which one?
Petty Cash
A small fund kept on hand used for minor, miscellaneous expenses of a business.
Misc. Expense
Miscellaneous Expense refers to small, infrequent costs that are not categorized under a specific heading in financial statements.
Misc. Revenue
Miscellaneous revenue refers to income generated from activities not central to a business’s main operations.
Change Fund
Fund made up of various denominations that are used to make change for customers.
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