Which of the Following Is Not True

question 80

Multiple Choice

Which of the following is not true?

• A)The imprest petty cash system in effect adheres to the rule of disbursement by check.
• B)Entries are made to the Petty Cash account only to increase or decrease the size of the fund or to adjust the balance if not replenished at year-end.
• C)The Petty Cash account is debited when the fund is replenished.
• D)All of these answer choices are not true.

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Closed-ended Question

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