Which of the Following Occurs When a Company Replenishes Its

question 72

Multiple Choice

Which of the following occurs when a company replenishes its petty cash fund?

• A)Cash decreases
• B)Petty cash decreases
• C)Expenses decrease
• D)Cash increases

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Definitions:

Federal Government

The national government of a federal state, which holds the authority to govern matters that affect the entire country, distinct from state or local governments.

American Firms

Companies or businesses that are based in the United States, operating either domestically or internationally, and governed by American laws and economic policies.

Personal Responsibility and Work Opportunity Reconciliation Act

A 1996 US federal law aimed at reforming welfare programs, encouraging work, and reducing dependency on government assistance.

Welfare

Government programs designed to support the well-being of the population by providing financial aid, healthcare, and other services to those in need.