A Company Had $43 Missing from Petty Cash That Was

question 200

Multiple Choice

A company had $43 missing from petty cash that was not accounted for by petty cash receipts. The correct procedure is to:

• A) Debit Cash Over and Short for $43.
• B) Debit Petty Cash for $43.
• C) Credit Cash Over and Short for $43.
• D) Credit Petty Cash for $43.
• E) Credit Cash for $43.

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Definitions:

Fiedler

A reference to Fred Fiedler, who is known for his contingency theory that leadership effectiveness depends on the situational context.

House

A building for human habitation, especially one that is lived in by a family or small group of people.

Vroom-Jago

A leadership model that helps leaders choose how much to involve subordinates in the decision-making process based on the situation.

Gender and Leadership

The study and analysis of how gender identity and roles impact leadership styles, effectiveness, and opportunities in organizations.