Which of the Following Procedures Is Incorrect for Establishing and Maintaining

question 202

Multiple Choice

Which of the following procedures is incorrect for establishing and maintaining a petty cash fund?

• A)A check is prepared for a small, fixed amount; when the check is cashed, the money is entrusted to a petty cash custodian.
• B)The company must obtain the cash needed for the fund and record an entry for the establishment of the fund.
• C)When appropriate documentation is presented, cash payments are made from the fund; the petty cash custodian retains the documentation.
• D)When the petty cash fund needs to be replenished, an entry is recorded to recognize an increase in the petty cash account.

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Definitions:

Bacteria

Single-celled, microscopic organisms that can be found in almost every environment on earth, some of which are beneficial and others harmful to humans.

Macrophages

Large phagocytic cells found in tissues or as mobile white blood cells at sites of infection, playing essential roles in the immune response and tissue homeostasis.

Phagocytic Activity

Refers to the process by which certain cells engulf and digest foreign particles, bacteria, and other microorganisms.

Cytokines

Small proteins released by cells, especially immune cells, that act as signaling molecules in the immune system and inflammation.