The Petty Cash Fund at Bryan Company Has a Designated

question 34

Multiple Choice

The petty cash fund at Bryan Company has a designated balance of $300.The fund currently holds $133 in cash and $172 in petty cash tickets.Based on this information,which of the following statements is correct?

• A)The total of the cash on hand plus petty cash tickets is more than the designated fund balance.
• B)A shortage of $5 exists.
• C)To replenish the petty cash fund,the company must write a check,payable to Petty Cash,for $172.
• D)The petty cash fund custodian must locate the $5 discrepancy.

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Definitions:

Postural Muscles

Muscles that are primarily responsible for stabilizing the body and maintaining posture.

Breathing Rate

The number of breaths taken per minute, which can vary based on factors such as physical activity, emotional state, and overall health.

Heart Rate

The number of heartbeats per unit of time, typically expressed in beats per minute (bpm), indicating the heart's efficiency in circulating blood throughout the body.

Brain Activity

The electrical and metabolic phenomena occurring within the brain that are associated with functional operations and processes.