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  3. Study Set
    Fundamental Financial Accounting Concepts Study Set 1
  4. Exam
    Exam 6: Internal Control and Accounting for Cash
  5. Question
    The Purpose of a Petty Cash Fund Is to Eliminate
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The Purpose of a Petty Cash Fund Is to Eliminate

Question 19

Question 19

True/False

The purpose of a petty cash fund is to eliminate the need for control over a business's small cash disbursements.

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