Part III - UNM Finance: Practical Applications

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Standard Accounting Resource Manual (SARM)

MSC 0000 00
1 University of New Mexico
Albuquerque, NM 87131

Petty Cash Examples

INADEQUATE:  stamps

GOOD:  stamps purchased for dept. mailing

BETTER:  stamps purchased for emergency notification of seminar date change.

BEST PRACTICE:  stamps purchased due to unexpected dept. mailing needed to notify 42 people of unexpected date change in tumor registry seminar for which they are registered on 4/26/13.