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Jim Heary is the custodian of petty cash. Jim, who is short of personal cash, decided to pay his home electrical and phone bills from

  • Jim Heary is the custodian of petty cash. Jim, who is short of personal cash, decided to pay his home electrical and phone bills from petty cash. He plans to pay it back next month. Do you feel Jim should do so? You make the call. Write down your specific recommendation to Jim. (Please use the textbook to validate your opinions or statements on the forum.)

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