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In a retail business with daily cash transactions, the management implements a change fund to facilitate smooth operations. What purpose does the change fund serve?
In a retail business with daily cash
transactions, the management
implements a change fund to facilitate
smooth operations. What purpose does
the change fund serve?
Covering unexpected expenses
Handling daily cash transactions
Financing longterm projects
Providing additional capital
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Financial accounting
Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom
9th edition
978-0132751216, 132751127, 132751216, 978-0132751124
