Which of the Following Is Not an Essential Feature of the Petty

question 43

Multiple Choice

Which of the following is not an essential feature of the petty cash imprest system?

• A) Several people being authorised to reimburse expenses.
• B) Deciding on a fixed sum that becomes the imprest balance or 'float'.
• C) Cash in the fund together with vouchers always equalling the imprest amount.
• D) Reimbursement to the fund for the exact amount spent in the period.

---

Definitions:

Scatter Diagram

A scatter diagram is a graphical representation where two sets of data are plotted as points on a Cartesian plane, often used to determine the relationship between the variables.

Pareto Diagram

A graphical tool that represents data in a bar chart, showcasing the values in descending order to identify the most significant factors.

Quality Control

The process of ensuring that products and services meet customer expectations and complying with specific standards.

Bar Charts

Graphical representations using bars of varying lengths to show comparisons among categories.