A business that requires all cash payments be made by check can use a petty cash system.

Name: A business that requires all cash payments be made by check can use a petty cash system.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A petty cash system is used to handle small, incidental expenses that are impractical to pay by check, but a business can still maintain such a system for tracking and managing these expenses even if it prefers checks for larger transactions.

A Business That Requires All Cash Payments Be Made by Check