Petty Cash Question:

Download Job Interview Questions and Answers PDF

How to Investigate variances?

Petty Cash Interview Question
Petty Cash Interview Question

Answer:

Investigate any differences between the stated amount of the petty cash fund and the actual total of cash and vouchers. If the difference is unexplained, complete a voucher stating the unexplained amount, and charging it to a predetermined departmental account in the general ledger.

Download Petty Cash Interview Questions And Answers PDF

Previous QuestionNext Question
What is petty cash system?How to Summarize vouchers?