Examlex
Multiply, and then simplify if possible. Assume all variables represent positive real numbers.
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Petty Cash Fund
A small amount of cash on hand used for covering minor expenses in a business, such as office supplies or postage.
Perpetual Inventory Method
An inventory management method where stock levels are updated in real-time with each sale or purchase transaction.
Petty Cash Fund
Petty cash fund is a small amount of cash kept on hand for making immediate payments for minor and incidental expenses.
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