Examlex
Which of the following terms is mismatched with its meaning or characteristics?
Petty Cash Fund
A small amount of cash on hand used for covering minor or incidental expenses within a business.
Petty Cash Receipt
A document used to record small, miscellaneous expenses paid with petty cash funds.
Cash Equivalents
Short-term, highly liquid investments that are easily convertible into a known amount of cash and close to their maturity.
Commercial Paper
An unsecured, short-term debt instrument issued by corporations, typically for the financing of accounts receivable, inventories, and meeting short-term liabilities.
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