Cash handling procedures Quizes

Cash handling procedures Quizes

1st Grade

9 Qs

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Cash handling procedures Quizes

Cash handling procedures Quizes

Assessment

Quiz

Other

1st Grade

Medium

Created by

shepard ndlovu

Used 8+ times

FREE Resource

9 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

45 sec • 3 pts

Which of the following are cash count and transfer procedures?

  

  TMs are to check for stained or fake notes.

  TMs to avoid counting cash in front of customers

TMs to manage transactions effectively with customers using cash on hand

AOD IS required for R250 or more if the TMs fail to pay cash

2.

MULTIPLE SELECT QUESTION

45 sec • 2 pts

Which of the following are the procedures for shortages?

  

 

It requires disciplinary action to be enforced if it is not paid by the next day.

  14 days is the minimum waiting period

AOD is required for R250 or more if the TM fails to pay cash

Must be recorded on SyX recon under the responsible TMs name.

3.

MULTIPLE SELECT QUESTION

45 sec • 2 pts

Which of the following are safe & banking procedures?

  

 

  

Avoid counting cash in front of customers.

Requires cash breakdown of 100 notes or coins of the same denomination

14 days waiting period

When money is deposited into the safe, it must be counted by two authorized persons.

4.

MULTIPLE SELECT QUESTION

45 sec • 3 pts

Which of the following are the procedures for lost claim tickets?

  

 

14 days is the minimum waiting period.

The cash will be kept in the safe till the customer’s collection date.

Only keep the minimum needed in the cash drawer.

A copy of the form must be made for a punter to keep.

5.

MULTIPLE SELECT QUESTION

45 sec • 4 pts

Which of the following are safe & banking procedures?

The safe should be used to store all the cash in the back office.

The procedure requires the surveillance to be initially notified

A copy of the form must be made for a punter to keep.

 

Lock the doors and close all windows, only authorized persons should be in the office

6.

MULTIPLE SELECT QUESTION

45 sec • 3 pts

Which of the following are cash count and transfer procedures?

Double-check your money each time whether you are counting change or putting money in your drawer.

 

Cash must be kept in a standard locked drawer.

Only keep the minimum needed in the cash drawer.

There should be a cash activity sheet that documents.

7.

MULTIPLE SELECT QUESTION

45 sec • 3 pts

Which of the following are the procedures for lost claim tickets?

 

A Payout slip must be attached to the form.

Both two parties should accept with a password during the handover

The amount will be recorded on H.I.S. as income.

Transaction details must include the ticket number.

8.

MULTIPLE SELECT QUESTION

45 sec • 2 pts

Which of the following are cash count and transfer procedures?

When cash is handed over, both two parties should count the cash.

Only keep the minimum needed in the cash drawer.

It requires a breakdown of 100 notes of the same denomination

The two parties must agree with their SyX password to confirm that the cash handover is correct.  

9.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which of the following are safe & banking procedures?

All the banking must be done in view of a camera.

Both the TMs must sign off the banking confirmation form

Place the original deposit slip in the drop-safe bag!

Only keep the minimum needed in the cash drawer.