All petty cash claims are automatically paid from petty cash is this statement?

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" Financial statement tells the value of a business" True or false?
Posted by:
Ghada Eweda
09-July-2016

A. True

B. False

Accounting Auditing Cost Accounting Financial Reporting Finance

Question added by Wasim khan wazir , Finance Specialist , Mott Macdonald
Date Posted: 2015/07/04

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3 Answers

by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Option B is the right answer.

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lakshminarasimham mallareddi

by lakshminarasimham mallareddi , Manager Finance & Accounts , M/s. Vandana Global Limited, Raipur, Chhattisgarh

Correct Answer is A. True all petty cash claims are automatically paid from petty cash.

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by Waqar khan , Audit Associate , PwC

True......................

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