Asked by

jewels castillo
on Nov 14, 2024

verifed

Verified

An exception to disbursements being made by check is acceptable when cash is paid

A) to an owner.
B) to employees as wages.
C) from petty cash.
D) to employees as loans.

Petty Cash

A small amount of cash kept on hand for making immediate payments for miscellaneous small expenses.

Disbursements

Cash payments made by a business, including those for expenses, loan payments, or distributions to investors.

Employees As Wages

Compensation in the form of money paid to employees for their labor or services.

  • Recognize the strategies for managing cash inflows and outflows.
verifed

Verified Answer

PS
Prithvi SalianNov 14, 2024
Final Answer:
Get Full Answer