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    Accounting Principles
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    Exam 8: Fraud, Internal Control, and Cash
  5. Question
    A Petty Cash Fund Is Generally Established in Order to
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A Petty Cash Fund Is Generally Established in Order to

Question 76

Question 76

Multiple Choice

A petty cash fund is generally established in order to


A) pay for all merchandise purchased on account.
B) pay employees' wages.
C) make loans internally to employees.
D) pay relatively small expenditures.

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