a) Explain the importance of maintaining an imprest petty cash system in an organization of your choice( Link your argument with the nature of the services offered by your company of choice) (5 Marks) b) Explain the meaning of the following terms: giving examples for each i) Liquid assets

Finance Aug 28, 2020

a) Explain the importance of maintaining an imprest petty cash

system in an organization of your choice( Link your argument with the nature of the services offered by your company of choice)                        (5 Marks)
b)       Explain the meaning of the following terms: giving examples for each
i)       Liquid assets.          (3 Marks)
ii)    Intangible assets.       (2 Marks)