This problem provides a tangible, team exercise pertaining to the correct operation of a petty cash fund.
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This problem provides a tangible, team exercise pertaining to the correct operation of a petty cash fund. Begin by forming a 9 person team consisting of 4 employees, a banker, a petty cash custodian, a treasurer, an accountant, and an auditor. Refer to the problem section of the website for additional instructions and copies of the corresponding business papers.
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