| Which of the following correctly describes the imprest system of operating petty cash?
 A    The petty cash float is replenished by regular periodic transfers of equal amount.
 B    The petty cash float is replenished by periodic transfers of the actual expenditure in the period.
 C    All expenses must be supported by a properly authorised voucher.
 D    Petty cash is operated outside the business double entry accounting system.
 B |