NBAA ATEC Practice Questions - NBAA Accounting Technician Certificate ATEC Exam

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Under an imprest system, a petty cashier is given a float of TZS 150,000. During the month, the cashier makes payments totaling TZS 112,500. How much will the petty cashier receive to restore the float?

TZS 112,500 TZS 37,500 TZS 150,000 TZS 262,500

Correct Answer:

TZS 112,500

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