Are you having trouble answering the question “What is an imprest system?”? If that’s the case, you don’t need to worry anymore. Azanswer has brought you the correct answer to your question.
What is an imprest system?
a) a system restricted to the payment of liabilities
b) a system which is controlled by having a clearly defined maximum level
c) a system created for a special project that a company feels will likely occur
d) a system which is only accessible by passwords
We hope you have got the correct answer to your question “What is an imprest system?”, which was part of Accounting MCQs & Answers. Thanks for choosing us.