A Petty Cash Fund Is Generally Established in Order to

question 85

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:

Industrial Expansion

The period of economic growth and increased industrial output, often associated with the Industrial Revolution, which began in the 18th century.

Traditional Agriculture

Farming practices that rely on indigenous knowledge, natural resources, and cultural beliefs to cultivate crops and livestock, often without modern technology.

New Nationalism

Platform of the Progressive Party and slogan of former president Theodore Roosevelt in the presidential campaign of 1912; stressed government activism, including regulation of trusts, conservation, and recall of state court decisions that had nullified progressive programs.

Women's Suffrage

The movement aimed at securing women the right to vote and run for political office, culminating in the United States with the ratification of the 19th Amendment in 1920.