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The third is settlement on some long-standing operations carried out mainly by delegations and representations under the imprest arrangements abroad.
A sum of £35,000 is for imprests to individual stores for working capital, and £105,000 for other expenditure.
The scheme requires that the accounts shall be certified each week, as a basis of further imprests.
The second is cash differences in imprest accounts.
This type of cash book usually uses the imprest system: a certain amount of money is provided to the petty cashier by the senior cashier.
The most common way of accounting for petty cash expenditures is to use the imprest system.
It is in the nature of an imprest (money maintained for a specific purpose).
Hotham wisely appointed a committee of two bankers and the auditor-general to inquire into the position, and this committee promptly advised the abolition of the imprest system.
