What is the small amount of money given to the petty cashier call?

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2026-03-20 15:10

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The small amount of money given to the petty cashier is called a "petty cash fund." This fund is used for minor expenses that are too small to warrant issuing a formal check or processing through the main accounting system. Petty cash is typically kept in a secure location and is replenished periodically based on receipts and expenditures.

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