Which of the following is an advantage of the imprest system?

Accounts - Principles of Accounts WAEC 2008

Which of the following is an advantage of the imprest system?

  • rewarding the imprest holder
  • reducing the burden of petty cashier
  • rreimbursting the petty cashier regularly
  • reducing the posting for small expenses into the main ledger checkmark

The correct answer is: D

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