The petty cash overage was not recorded. This would cause
A) revenues to be overstated.
B) revenues to be understated.
C) expenses to be overstated.
D) expenses to be understated.

Question

Quizplus · Accepted Answer

The Answer of The petty cash overage was not recorded. This would cause
A) revenues to be overstated.
B) revenues to be understated.
C) expenses to be overstated.
D) expenses to be understated.

The Petty Cash Overage Was Not Recorded