The Sum of the Money on Hand and Petty Cash

question 106

True/False

The sum of the money on hand and petty cash receipts in a petty cash fund will always be equal to the balance in the Petty Cash account.

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Definitions:

Preservation Of Sameness

The need or desire for consistency, routine, and predictability in one's environment, often emphasized in discussions of autism spectrum disorders as a common characteristic.

Childhood Depression

A serious mood disorder characterized by persistent feelings of sadness, hopelessness, and worthlessness in children.

Mobile

Able to move or be moved freely or easily, often used to describe devices that are portable or not fixed in one place.

Delusional Thinking

A belief or thought that is firmly maintained despite being contradicted by what is generally accepted as reality or rational argument.