What are the two classifications of cash advances granted to officers and employees?

The two classifications of cash advances granted to officers and employees are indeed regular cash advances and special cash advances.

Regular cash advances are typically provided for routine expenses and are often subject to clear guidelines and limits. They are used for predictable, ongoing operational costs that employees may encounter in the course of their work.

On the other hand, special cash advances are granted for unique or non-routine expenses that may arise. This type of advance may not follow the standard procedures for cash advances, as they usually address specific situations requiring immediate financial support beyond regular operational needs.

Understanding these classifications helps in the proper management of cash resources within an organization, ensuring that advances align with organizational policies and the nature of the expenses, thereby maintaining financial accountability.