Every year
Every half year
Every year
At the end of every accounting period
Answer is Right!
Answer is Wrong!
The correct answer is: D. At the end of every accounting period.
A petty cash fund is a small amount of cash that is kept on hand to pay for minor expenses. The fund is usually replenished at the end of every accounting
period, which is usually once a month. This ensures that the fund always has enough money to cover expenses, and that the accounting records are accurate.Option A is incorrect because it is not a frequent enough interval to ensure that the fund always has enough money to cover expenses. Option B is incorrect because it is not a frequent enough interval
to ensure that the accounting records are accurate. Option C is incorrect because it is not a specific enough interval.