Examlex
Which of the following statements regarding a pull system is TRUE?
Petty Cash Voucher
A document used to record and manage small, immediate cash expenses.
Cash Short
A situation where the actual cash on hand is less than the expected amount, usually identified through the reconciliation process.
Cash Over
A situation where the physical cash on hand exceeds the expected amount based on accounting records.
Cash Short
A situation that occurs when the actual cash received is less than the amount expected or recorded, often reflecting errors or theft.
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