Petty cash is typically used to make which type of payments?

Petty cash is commonly utilized for making small payments that are often too minor to warrant the hassle of processing through regular accounts payable systems. This includes expenses such as office supplies, stamps, or minor repairs where the amounts are typically low and do not require the formalities associated with larger transactions.

The use of petty cash streamlines the process for handling these small expenditures, allowing businesses to manage day-to-day operational costs efficiently without needing to write checks or go through bank transactions for every minor purchase. It's important to note that petty cash is not intended for large or significant expenses, which would require more formal accounting procedures and oversight. Therefore, the correct choice reflects the primary purpose of petty cash in managing small, routine expenses within a business setting.