Which of These Is Not an Essential Feature of the Imprest

question 53

Multiple Choice

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

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

---

Definitions:

Reference Group

A social group that individuals use as a standard to evaluate themselves and their own behavior.

Class Reunions

Social gatherings where individuals who were part of the same academic graduating class come together to reminisce and catch up on life post-graduation.

Professional Successes

Achievements and advancements in one's career or professional life, often measured by promotions, recognition, and accomplishments in a field.

Reference Group

A social group that serves as a point of reference in making evaluations or decisions.