What is meant by an imprest bank account for a branch


Question - What is meant by an imprest bank account for a branch operation? What is the purpose of using this type of bank account? What audit steps might an auditor take to audit this type of account?

Solution Preview :

Prepared by a verified Expert
Accounting Basics: What is meant by an imprest bank account for a branch
Reference No:- TGS02821260

Now Priced at $20 (50% Discount)

Recommended (98%)

Rated (4.3/5)