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Sender: Hello I just want to ask if a certain executive director of a state university has the power to use petty cash of the university for his own personal usages?
For example, he will get some money to lend someone or to pay his debt. According to his statement, he proudly told us that he will get the money from the petty cash.
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Admin: The answer to this question is pretty obvious, but let’s make the discussion informative; say, what are the rules on PCF, consequences involved, procedures to protect the accountable officer involved, etc.
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