Why is a petty cash fund used?
ایک چھوٹا نقد فنڈ کیوں استعمال کیا جاتا ہے؟
- To manage large transactions
- To manage small transactions
- To manage fixed assets
- To manage investments
Explanation
A petty cash fund is used to manage small, everyday transactions such as:
- Buying office supplies
- Paying for travel expenses
- Purchasing small equipment or materials
- Handling miscellaneous expenses
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