Answered

A petty cash fund is set up:
OA. to pay for office supplies only.
B. to pay for merchandise inventory only.
C. to pay for business meeting expenses only.
OD. to pay for small expenses.

Verified Answer :

Thechosenone245

The correct answer is OD. to pay for small expenses. Petty cash funds are typically established to cover small, miscellaneous expenses such as office supplies, postage, or minor office expenses.

I hope this helps!

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