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Why might a business review and update the way

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Question - Small business, in particular those that are owner-operated, often have less formal ways of dealing with petty cash expenses. Instead of using a cash imprest system, list 2 alternative methods that could be used to deal with petty cash expenses which would still maintain the integrity of the relationship of the business' financial systems. Why might a business review and update the way they treat petty cash expenses?

Reference no: EM132174019

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