| Which of the following correctly describes the imprest system for operating petty cash? A    All expenditure out of petty cash must be supported by a properly authorised voucher.B    A regular equal amount of cash is transferred into petty cash.
 C    The exact amount of expenditure out of petty cash is reimbursed at intervals.
 D    A budget is fixed for a period which petty cash expenditure must not exceed.
 C |