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Decide which from the statements underneath are precise relating to how a petty cash fund is produced and Employed in a business. (Verify all that apply.)

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The sum of all petty cash receipts furthermore the remaining cash need to equivalent the overall of the fund sum at any specified time.

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Any personnel may perhaps disburse cash within the fund providing they bring about back a receipt for their buy.

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The petty cashier need to existing all paid out receipts to the company cashier so as to replenish the fund.