The major advantage of an imprest system is that it

Accounts - Principles of Accounts

JAMB 2014

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

WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Your School's Whatsapp Group - Join Us now

Correct Answer: Option C

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn, please click here

Previous Next

Go back to Acc classroom

Report an Error Ask A Question Download App

WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Contributions ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}

Quick Questions

If the power of a lens is +2.5D. Calculate the radius of curvature (a). 80cm (b). 40cm (c). 25cm (d).... Answer this

1 Answers · Physics · 3 days ago
Subjects to learn under petroleum engineering? Answer this

1 Answers · 3 days ago
what is the cut of mark for medical doctor in university and list all the university? Answer this

1 Answers · 1 day ago

Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts

The major advantage of an imprest system is that it

Correct Answer: Option C

Explanation

Contributions ({{ comment_count }})

Please wait...

Modal title

Report

Block User

{{ feedback_modal_data.title }}

Quick Questions

Post your Contribution

Sign In