Cash handling procedures Quizes

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

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.

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.

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.

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

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.

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.

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.  

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.