Policy

Petty cash and change funds (i.e. cash drawers) are approved and maintained where needed for the convenience of paying for authorized incidental expenses or making change where cash is regularly received from customers. As loans from the general fund of the University, the established Fiduciary must safeguard these funds through prudent management and handling of the funds, in accordance to policy and procedure, and return the funds when no longer being used and/or closed.

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