Question 0

The major advantages of an imprest system is that it ?

  • A.ensures a proper accountability for every expenditure
  • B.trains the young accountants in the preparation for greater responsibility
  • C.relieves the chief cashier of the numerous petty cash payments
  • D.serves as an analysis column for every expenses
  • E.
Objective

Question details

Exam body
JAMB
Subject
Accounts - Principles of Accounts
Year
2018
Question no.
#0
Type
Objective

More from this paper

See all Accounts - Principles of Accounts 2018 questions