The sum of all petty cash receipts furthermore the remaining cash should equal the overall with the fund amount of money at any supplied time.
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Determine which of the statements down below are exact pertaining to how a petty cash fund is designed and Utilized in a business. (Check all that apply.)
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A petty cash receipt will have a signature line for the person obtaining a disbursement within the fund.
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Overview the following statements regarding a petty cash fund Employed in a business. Pick out the one that is appropriate.