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All petty cash claims are automatically paid from petty cash is this statement?

A. True

B. False

Accounting Auditing Cost Accounting Financial Reporting Finance
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Question added by Wasim khan wazir , Finance Specialist , Mott Macdonald
Date Posted: 2015/07/04
Upvote (2) Views (5) Followers (4) Answers (3) Report Question
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Shahbaz Hayder
by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Option B is the right answer.

lakshminarasimham mallareddi
by lakshminarasimham mallareddi , Manager Finance & Accounts , M/s. Vandana Global Limited, Raipur, Chhattisgarh

Correct Answer is A. True all petty cash claims are automatically paid from petty cash.

Waqar khan
by Waqar khan , Audit Associate , PwC

True......................

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