Mastering Petty Cash Operations

To create justification documents for incoming and outgoing payments

To verify the residual balance in petty cash (correct)

To keep records of all financial transactions

To establish appropriate sub-ledger records within the ledger account

To establish appropriate sub-ledger records within the ledger account

To justify the residual balance in petty cash

To create derived documents for incoming and outgoing payments

To keep records of inflows and outflows of money from petty cash (correct)

To keep records of all financial transactions

To establish appropriate sub-ledger records within the ledger account of petty cash

To create justification documents for incoming and outgoing payments

To regulate the amount of petty cash maximum (correct)