Cash Handling Assessment September 8, 2011 Please enter your full name * Which Leisure Centre do you work in * Please select…GlenalbynLoughlinstownMeadowbrookMonkstown The institute of certified fraud examiners estimates that fraud costs american small businesses how much per year? * Please select…$1,000$10,000$100,000 Why is it important to have your cash count double checked and signed by another employee * Which of the following are cash equivalents * Please select…Gift VouchersChequesGym PassesAll of the Above List two risks of poor cash handling If a customer presents a €50 note and you don’t have change the best solution is to Please select…Offer the customer a free visit Ask your supervisor to get change from the change safeUse your own personal cash to give the customer change When should a customer be issued with a receipt Please select…Only for large transactions over €20Only if they request oneEvery customer must be given a receiptOnly if they are a business customer or a school List three risks when taking cash as a payment method * Credit Card payments have absolutely no risk for the leisure centre Please select…TrueFalse It is acceptable to leave the cash drawer open during busy times to speed up transactions Please select…TrueFalse If you need €10 to pay for postage the best thing to do is * Please select…Speak to someone with access to petty cashTake the €10 from the till and leave a detailed note and the receiptTake the €10 from your cash up at the end of the evening and leave in a note What should you do if you have a cash variance when preparing your end of day cash sheet Which costs businesses more Please select…Vendor errorEmployee theft Auditors may arrive at your leisure centre to check the contents of your till at any time Please select…TrueFalse Credit card fraud has been completely eliminated since the introduction of chip and pin Please select…TrueFalse Where is the best place to reconcile your cash at the end of the day? * Money laundering is Please select…The physical cleaning of a drug dealers money to remove traces of drugsThe process of making money received through crime appear legitimateMoney which has been stolen from a laundry business What is the benifit of making multiple lodgements from your cash drawer during the day? * A customer hands you a €50 note which you suspect is counterfeit what should you do? * Offer one suggestion to improve cash handling in your leisure centre * Need assistance with this form? Report abuse
