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Marat540 [252]
2 years ago
8

Describe what a petty cash fund is by completing the following sentence. A petty cash fund is used for (large/small) payments in

order to (increase/avoid) the time and cost of writing checks for (large/small) amounts
Business
1 answer:
exis [7]2 years ago
4 0

A petty cash fund is used for small payments in order to avoid the time and cost of writing checks for small amounts.

<h3>What is petty cash?</h3>

A petty cash fund is a small amount of cash, used to pay for minor expenses, such as office supplies or employee reimbursements.

It is the pet a actual ledger book, rather than a computer record.

Hence, a petty cash fund is used for small payments in order to avoid the time and cost of writing checks for small amounts.

Learn more about petty cash here : brainly.com/question/6893535

#SPJ1

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When shares of stock that were issued to the public are later bought and sold among investors on the stock exchange, the issuing
Degger [83]

Last option is correct. The issuing corporation does not record any entry because it doesn't receive or give anything of value.

<h3>What are shares of stock?</h3>

The shares are regarded as the smallest unit of the stock that is owned by a company. There company sometimes sells its shares.

The company may have up to 10 million stock which it can sell to the intended buyers.

Read more on shares and stock here: brainly.com/question/25818989

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7 0
1 year ago
Which of the following statements is FALSE?
trapecia [35]
The answer is
D. Pre-incident activities include planning to prepare and establish a JIC in every incident requiring emergency response.
6 0
3 years ago
John is a subunit manager at a large consumer packaged goods manufacturer. Every year, he and the managers of the other subunits
jeyben [28]

Answer:

Bottom-up.

Explanation:

Bottom-up budgeting is a budgeting method that starts at the department level to the top level. Each department within the organization is required to compile a list of the things it needs, the projects it plans to carry out in the next financial period, and the cost estimates.

3 0
3 years ago
The Great Depression changed attitudes toward the labor movement.
ASHA 777 [7]
TRUE. In the early 1930s, as the nation slid toward the depths of depression, the future of organized labor seemed bleak. ... The tremendous gains labor unions experienced in the 1930s resulted, in part, from the pro-union stance of the Roosevelt administration and from legislation enacted by Congress during the early New Deal.
hope this helps!!
8 0
3 years ago
Tonya is performing a quantitative risk assessment for a piece of software. The single loss expectancy (SLE) is $500, and the as
scoray [572]

Answer:

The annual loss expectancy (ALE) is:

= $1,500.

Explanation:

a) Data and Calculations:

Single loss expectancy (SLE) = $500

Annual rate of occurrence (ARO) = 3

Therefore, the annual loss expectancy (ALE) = SLE * ARO

= $500 * 3

= $1,500

b) The Annual Loss Expectancy is calculated by multiplying the annual rate of occurrence (ARO) by the single loss expectancy (SLE). While SLE represents the expected monetary loss every time a loss or risk occurs, and ARO is the probability that a loss or risk will occur in the year under consideration.

4 0
3 years ago
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