The Establishment of a Petty Cash Fund Has No Effect

question 117

True/False

The establishment of a petty cash fund has no effect on the company's total cash balance.

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Definitions:

Effective Communication

The exchange of information in a way that is clearly understood and results in the intended action or understanding between parties.

Congruence

In psychology, refers to the alignment or agreement between an individual's self-concept and reality.

Intended Message

The specific information or feeling that a communicator aims to convey to the listener or reader.

Management Training

Programs or courses designed to improve the skills, knowledge, and competencies of individuals in managerial roles.