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Which of the following is an advantage of the imprest system?
Classroom
Accounts - Principles of Accounts Classroom
Waec
Waec 2008
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Which of the following is an advantage of the imprest system?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Rewarding the imprest holder
B
Reducing the burden of petty cashier
C
Rreimbursting the petty cashier regularly
D
Reducing the posting for small expenses into the main ledger
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Correct Answer:
Option D
Explanation:
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Accounts - Principles of Accounts
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