HPM 11.2 Materials Managemnt Manual Flashcards
1
Q
The total petty cash fund shall be limited to $____ and the change fund shall be limited to $_____
A
$300
$100
2
Q
How shall the petty cash in change funds be stored?
A
Petty cash and change funds shall be stored in a locked, metal cash box to maintain the funds and receipts, and located in a secure place. Funds shall not be maintained in a personal bank account.
3
Q
Individual petty cash purchases shall be limited to a maximum of $___ (excluding sales tax).
A
$50
