Quiz Ch 04 – Hill Company
Financial Accounting
Thomas, Tietz, and Harrison
12th Edition
What is the correct statement regarding Hill Company’s establishment of a petty cash fund ($500) and its first transaction of purchase ($46)?
What is the correct statement regarding Hill Company’s establishment of a petty cash fund ($500) and its first transaction of purchase ($46)?
Which of the following is NOT an example of a weak control environment?
What is another term for a “hot check”?
Which of the following items recorded by the bank is not yet recorded by the company in a bank reconciliation?
Which of the following is considered a cash equivalent?
Which of the following is NOT considered cash or cash equivalent?
Which factors can circumvent an internal control system?
Which statement about cash equivalents is NOT true among the following options?
Which of the following will NOT appear on a bank statement?
Which of the following items will NOT appear on the book side of a bank reconciliation?