a. Describe how a petty cash imprest system operates. b. Explain how such a system facilitates control.

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a. Describe how a petty cash imprest system operates.
b. Explain how such a system facilitates control.

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Introduction To Financial Accounting

ISBN: 978-0077138448

7th edition

Authors: Anne Marie Ward, Andrew Thomas

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Question Posted: Dec 20, 2016 10:15 AM

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a. Describe how a petty cash imprest system operates. b. Explain how such a system facilitates control.

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a In an imprest system a float is maintained At the beginning of each period week or month the petty ...View the full answer

Introduction To Financial Accounting

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