Which of the following is an advantage of the imprest system?

Which of the following is an advantage of the imprest system?
  • A.
    rewarding the imprest holder
  • B.
    reducing the burden of petty cashier
  • C.
    rreimbursting the petty cashier regularly
  • D.
    reducing the posting for small expenses into the main ledger
Correct Answer: Option D
Explanation
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