A Fund That Contains a Small Amount of Cash and Is

question 118

Multiple Choice

A fund that contains a small amount of cash and is used to pay for minor expenditures is known as:

• A)the emergency fund.
• B)the checking account.
• C)the petty cash fund.
• D)the cash account.

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Definitions:

Action Orientation

A personality trait or behavior characterized by proactive decision-making and initiative-taking in facing tasks or challenges.

Coordination

The act of organizing and aligning different elements or activities of an organization to ensure they work together effectively towards a common goal.

One-time Activities

One-time activities refer to tasks or events that occur only once and are not repeated, often used in project planning and management.

Projects

Initiatives or plans undertaken to achieve a specific goal, often involving a series of tasks or operations.