A petty cash system facilitates:

Name: A petty cash system facilitates:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A petty cash system is a fund set aside for the payment of small or incidental expenses that are impractical to pay by check. These can include things like office supplies, postage, and travel expenses. The fund is typically controlled by a custodian who is responsible for maintaining accurate records of expenditures and replenishing the fund as needed. So, the correct choice is C - payment of small business expenses by cash.

A Petty Cash System Facilitates