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2. Petty cash - Wikipedia

   en.wikipedia.org/wiki/Petty_cash

   Oversight of petty cash is important because of the potential for abuse. Examples of petty cash controls include a limit on disbursements and monthly audits by someone other than the custodian. [3] Use of petty cash is sufficiently widespread that vouchers for use in reimbursement are available at any office supply store.

3. Imprest system - Wikipedia

   en.wikipedia.org/wiki/Imprest_system

   The imprest system is a form of financial accounting. The most common is petty cash. [ 1] The basic characteristic of an imprest system is that a fixed amount is reserved, which after a certain period or when circumstances require because money was spent, will be replenished. This replenishment will come from another account, for example petty ...

4. Cash and cash equivalents - Wikipedia

   en.wikipedia.org/wiki/Cash_and_cash_equivalents

   Petty cash is a small amount of cash that is used for payment of insignificant expenses and the amount of it may vary depending on the organisation. [7] For some entities $50 is adequate amount of cash, whereas for others the minimum sum should be $200. Petty cash funds must be safeguarded and recorded in order to avoid thefts.

5. IOU - Wikipedia

   en.wikipedia.org/wiki/IOU

   IOU. An IOU ( abbreviated from the phrase " I owe you " [ 1][ 2]) is usually an informal document acknowledging debt. An IOU differs from a promissory note in that an IOU is not a negotiable instrument and does not specify repayment terms such as the time of repayment. IOUs usually specify the debtor, the amount owed, and sometimes the creditor.

6. Bookkeeping - Wikipedia

   en.wikipedia.org/wiki/Bookkeeping

   A petty cash book is a record of small-value purchases before they are later transferred to the ledger and final accounts; it is maintained by a petty or junior cashier. This type of cash book usually uses the imprest system: a certain amount of money is provided to the petty cashier by the senior cashier. This money is to cater for minor ...

7. Ticket-in, ticket-out - Wikipedia

   en.wikipedia.org/wiki/Ticket-In,_Ticket-Out

   Ticket-in, ticket-out ( TITO) is a technology used in modern slot machines and other electronic gambling machines in which the machine pays out the player's money by printing a barcoded ticket rather than dispensing coins or tokens. The player may then redeem the ticket for cash at a designated location in the gambling establishment, or redeem ...

8. New federal rules on airline refunds require cash instead of ...

   www.aol.com/federal-rules-airline-refunds...

   New federal rules say travelers deserve cash refunds when inconvenienced by their airline – not vouchers or travel credits.

9. Vouching (financial auditing) - Wikipedia

   en.wikipedia.org/wiki/Vouching_(financial_auditing)

   Vouching is a technical term that refers to the inspection of documentary evidence supporting and substantiating a financial transaction, by an auditor. It is the essence of auditing [ 1] Vouching is the practice followed in an audit, with the objective of establishing the authenticity of the transactions recorded in the primary books of account.