Aster Dm Healthcare Senior Product Analyst Interview Questions and Answers

Petty cash is a small amount of cash kept on hand for minor expenses.

• Petty cash is used for small, everyday expenses that are impractical to pay for with a check or credit card.

• It is typically managed by a designated custodian who is responsible for tracking expenses and replenishing the fund.

• Examples of petty cash expenses include office supplies, postage, and employee reimbursements.

• Petty cash should be reconciled re...read more