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Petty Cash Fund
A small amount of cash kept on hand for minor, immediate expenses.
Cash Controls
Financial procedures and policies that are implemented to manage and monitor cash transactions, to prevent theft, fraud, or errors.
FASB Controls
Guidelines and standards established by the Financial Accounting Standards Board (FASB) to govern the financial reporting and accounting practices of companies in the United States.
GAAP Controls
Financial and accounting guidelines and standards designed to ensure accurate and consistent financial reporting and accounting practices.
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