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MARITIME ADMINISTRATIVE ORDER US Deportment Of Transportation MANUAL OF ORDERS REVOKES NO. Maritime Administration SUBJECT r-'AO 400, I did. 10-10-74 EFFECTIVE DATE 400-3 July 29, 1982, ESTABLISHMENT
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What is effective utilization of imprest?
The effective utilization of imprest refers to the use and management of a fixed amount of funds that are set aside for specific purposes, such as office supplies, travel expenses, or petty cash. It involves ensuring that these funds are spent efficiently and accounted for properly.
Who is required to file effective utilization of imprest?
The required filer for effective utilization of imprest depends on the organization or entity. Generally, it is the responsibility of the person or department in charge of managing the imprest fund, such as the finance or accounting department.
How to fill out effective utilization of imprest?
To fill out the effective utilization of imprest, one should gather all relevant financial records and transactions related to the imprest fund. This includes receipts, invoices, and other supporting documents. The information should be recorded accurately and in accordance with the organization's guidelines or specified format.
What is the purpose of effective utilization of imprest?
The purpose of effective utilization of imprest is to ensure that the funds allocated for specific purposes are used efficiently and appropriately. It helps to track and monitor the expenses related to the imprest fund, maintain financial transparency, and prevent misuse or misappropriation of funds.
What information must be reported on effective utilization of imprest?
The information that must be reported on the effective utilization of imprest includes the total amount of the imprest fund, detailed breakdown of expenses, dates of transactions, descriptions of items or services purchased, and any supporting documentation like receipts or invoices.
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