- Salary disbursement
- Stock
- Govt. Grants
- Expenditures
Correct Answer is : Salary disbursement
hat’s correct! An acquaintance roll is used for A. Salary disbursement.
Here’s why:
- Salary disbursement: An acquaintance roll is a document used to record employee details and confirm their receipt of salaries. Employees typically sign the acquaintance roll after receiving their salary, acknowledging they have been paid.
- Stock: Stock control typically relies on inventory management systems or stock ledgers, not acquaintance rolls.
- Government Grants: Disbursement of government grants often involves specific application processes and financial records, not an acquaintance roll.
- Expenditures: Expenses are typically tracked through accounts payable systems or expenditure records, not an acquaintance roll.
Therefore, the primary function of an acquaintance roll is to verify the disbursement of salaries and ensure employees have received their pay.
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