Cash Management Standard Operating Procedure Quiz

Who is responsible for doing random audits at unannounced time periods?

• CSR

• AOM

• PMF Internal Auditor

• OM

What color ink should the verifier use for ticking and signature?

• Blue

• Black

• Red

• Green

What is the purpose of the SOP for Cash Management?

• To schedule internal audits

• To manage customer complaints

• To provide instructional guidelines for cash handling

• To organize employee training

Who is responsible for storing their receipt book in their assigned filing cabinet?

• CSR

• PMF Internal Auditor

• AOM

• Relief teller

What is the maximum amount the Reserve Safe must contain at any given time?

• $10,000.00

• $5,000.00

• $20,000.00

• $15,000.00

What is the abbreviation for Loan Management System?

• AOM

• SIL

• LMS

• POS

Who must print all daily activity reports without filtering out any cash related transactions?

• CSR

• AOM

• Relief teller

• PMF Internal Auditor

What must be done if the safe goes above the limit and the AOM is not present?

• Make a night deposit for the excess cash

• Leave the excess cash in the safe

• Do nothing

• Inform the CSR to take the excess cash home

Who is assigned a cash pan?

• CSR

• AOM

• Relief teller

• PMF Internal Auditor

Who is responsible for doing the end of day verification and cash balancing?

• PMF Internal Auditor

• Relief teller

• AOM

• CSR