Identify an incorrect statement about petty cash fund from the given options. O a. Petty cash transactions are not recorded until the fund is reimbursed; someone other than the petty cash custodian records those entries O b. The sum of the petty cash receipts and the money in the fund should equal the established total at all times OC. None of the options d. Each payment from the fund must be documented on a pre-numbered petty cash receipt Identify a basis that cannot be used for the measurement of the elements of financial statements. O a Current cost O b. Future value of present cash flows Oc. Realisable value O d. Historical cost