Petty cash
A small float of notes and coins for small costs: how to run it, record it, top it up and prove that nothing is missing.
See the first roomHow the imprest system works
Rooms in this module
How this works
Each room answers one problem. A task is a few lines of reading, then questions you answer in the books: post to an account, type a figure, sort, match or write a journal. Every answer is marked at once, with the rule behind it. There are no videos.
Words in this module
- Imprest system
- The imprest system keeps petty cash at a fixed amount. The top-up at the end of each period equals what was spent.
- Petty cash
- Petty cash is a small amount of notes and coins kept for small costs, such as stamps or milk.
Questions
How many rooms and questions are in Petty cash?
5 rooms and 46 questions. Every question is marked at once.
How long does it take?
About 47 minutes in all. A room takes 8 to 11 minutes, so you can do one at a time.
Is it free?
No. These rooms need Premium. Each room shows the start of its first task before you pay.
What should I do first?
The cash book. It is the module before this one in Cash, bank and payments.