You Can Use Your Own Symbols and Abbreviations in Your

question 24

True/False

You can use your own symbols and abbreviations in your notes as long as they have meaning to you.

---

Definitions:

Petty Cash Fund

A small amount of cash on hand used for covering minor expenses, managed through a system of vouchers to maintain control.

Depositor's Bank Account

An account maintained by an individual at a bank in which they can deposit or withdraw funds.

Bank Fee

Charges imposed by banks for various services or as penalties for not meeting certain banking requirements.

Petty Cash Fund

A small amount of cash kept on hand for making immediate payments for minor expenses.