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Which of the following is NOT always understood by MNE management?
Cashier Deposits
Refers to the funds that cashiers collect and deposit into the business's bank account, typically part of daily sales transactions.
Bonded Employees
Employees who have been guaranteed by a bonding company against theft or misconduct, offering protection to the employer.
Cash Over and Short
An account that records any discrepancies between physical cash and the recorded amount, used to track overages and shortages.
Petty Cash Transactions
Small amounts of cash kept on hand for making immediate payments for miscellaneous small expenses.
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