The major advantage of an imprest system is that it

The major advantage of an imprest system is that it
  • A.
    ensures a proper accountability for every expenditure
  • B.
    trains the young accountants in preparation for greater responsibilities
  • C.
    relieves the cheif cashier of the numerous petty cash payments
  • D.
    serves as an analysis column for every expenses
Correct Answer: Option C
Explanation
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