A cash payment is bills or coins paid by the recipient of goods or services to the provider.
It can also involve a payment within a business to employees in compensation for their hours worked, or to repay them for minor expenditures that are too small to be routed through the accounts payable system.
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Answer:
A cash payment is bills or coins paid by the recipient of goods or services to the provider.
It can also involve a payment within a business to employees in compensation for their hours worked, or to repay them for minor expenditures that are too small to be routed through the accounts payable system.
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