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Which of the following correctly describes the imprest system for operating petty cash?

A    All expenditure out of petty cash must be supported by a properly authorised voucher.
B    A regular equal amount of cash is transferred into petty cash.
C    The exact amount of expenditure out of petty cash is reimbursed at intervals.
D    A budget is fixed for a period which petty cash expenditure must not exceed.

C

b

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