Question

When should you replenish a petty cash fund?

Answer 1

Answer:

both b and c

Explanation:

A Petty Cash Fund is a convenient way of paying for small transactions.  It is mostly applied when making payment using other methods is unreasonable. The money spent should be replenished at least once to take the Petty Cash Fund back to its approved balance. Replenishment is also done when the dollar balance goes below a set level. Replenishing allows the petty cash fund to operate as intended.