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There are some states that have a higher minimum wage rate than the federal minimum.
Petty Cash Fund
A small amount of cash kept on hand within a business for minor, day-to-day expenses.
Cash Equivalents
Short-term, highly liquid investments that are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value.
Highly Liquid Investments
Investments that can be quickly converted into cash without a significant loss in value.
Specific Amount
A precise quantity or financial figure identified within a transaction or financial statement, not generalized or estimated.
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