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Baking money received

Authored by Teang Pennada

Financial Education

University

Used 8+ times

Baking money received
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6 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 10 pts

Q1. What is the first step in banking cash receipts?

A. Handing money directly to customers

B. Counting and checking the cash against sales records

C. Giving the cash to staff without records

D. Writing cheques for customers

2.

MULTIPLE CHOICE QUESTION

1 min • 10 pts

Q2. What information is usually written on a deposit slip?

A. Staff names and addresses

B. Amount of cash, number of cheques, total cheque value

C. Product prices and stock details

D. Only the customer’s signature

3.

MULTIPLE CHOICE QUESTION

1 min • 10 pts

Q3. When businesses use EFTPOS machines for card payments, how are receipts credited?

A. They are manually carried to the bank

B. They are credited directly into the retailer’s bank account

C. Customers must return to pay in cash

D. Staff must keep them until end of year

4.

MULTIPLE CHOICE QUESTION

1 min • 10 pts

Q4. How are manual debit/credit card transactions handled when POS machines are not working?

A. They are ignored

B. They must be listed on a summary voucher for banking

C. They are replaced with cash sales

D. They are written on receipts only

5.

FILL IN THE BLANK QUESTION

1 min • 10 pts

A __________ is used to record the amount of cash and cheques when depositing money into the bank.

6.

FILL IN THE BLANK QUESTION

1 min • 10 pts

A summary __________ is used when debit or credit card transactions are processed manually.

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