Ann keeps a petty cash book under the imprest system. Which statement is not correct?
- AA petty cash book can be maintained by a junior member of staff.
- BAt any time petty cash vouchers plus the petty cash balance are equal to the imprest amount.
- CThe chief cashier is not asked continually for small sums of money.
- DThe number of entries in the cash book increases because of the large number of small cash payments.