A fund with a small amount of cash on hand for minor disbursements is called a:

Question

Quizplus · Accepted Answer

A petty cash fund is a small amount of cash set aside for minor expenses such as office supplies, postage, and small purchases. It is often managed by a designated employee or department and is replenished as necessary. The other options, such as a miscellaneous expense fund and slush fund, suggest a lack of specific purpose or accountability for the cash on hand. A cash fund, while a broad term, would typically refer to a larger amount of cash used for general operating expenses.

A Fund with a Small Amount of Cash on Hand