Which of the Following Is a CORRECT Statement About the Petty

question 102

Multiple Choice

Which of the following is a CORRECT statement about the petty cash fund?

• A)To set up the petty cash fund,a check is issued to the chief financial officer.
• B)The custodian of the fund has sole responsibility for accounting for the fund.
• C)The cash in the fund must always equal the opening balance of the fund.
• D)The petty cash fund must be maintained at a bank.

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Definitions:

Flagellated Sperm

Sperm cells equipped with a flagellum, allowing for motility in fluid environments, commonly found in many plants and some animals.

Bryophytes

Non-vascular plants that include mosses, liverworts, and hornworts, characterized by their life cycles and lack of true roots and leaves.

Sporophytes

The diploid, spore-producing phase in the life cycle of plants that undergo alternation of generations.

Triploid Cell

A cell that has three sets of chromosomes, often occurring in plants and some species of fish and amphibians.