A Petty Cash Fund Is Generally Established in Order to

question 76

Multiple Choice

A petty cash fund is generally established in order to

• A) pay for all merchandise purchased on account.
• B) pay employees' wages.
• C) make loans internally to employees.
• D) pay relatively small expenditures.

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Definitions:

Hydrogenation

The chemical process of adding hydrogen to an organic compound, often to reduce double or triple bonds to single bonds.

Molecular Formula

A representation of the number and type of atoms in a molecule, without indicating how the atoms are bonded or arranged.

Natural Product

A chemical compound or substance produced by a living organism, found in nature.

IUPAC Name

The systematic name for a chemical substance as designated by the International Union of Pure and Applied Chemistry (IUPAC) guidelines.