The Columns to the Right of the Total in a Petty

question 37

Multiple Choice

The columns to the right of the total in a petty cash book represent:

• A)all of the company's expense accounts.
• B)the accounts for which petty cash was spent.
• C)the amounts of petty cash spent.
• D)the balances in the petty cash account.

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Definitions:

Work Units

Groups or teams within an organization designated to perform specific tasks or functions.

Organisational Strength

The unique capabilities or advantages that give an organization a competitive edge or help it achieve its objectives.

Purpose

The reason for which something is done or created, or for which something exists; often refers to the sense of resolve or determination with which an individual or group undertakes a task.