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zhannawk [14.2K]
1 year ago
8

List three (3) Safety measures the cashier must take into consideration when doing/making a lodgment at any Financial Institutio

n.
Business
1 answer:
zheka24 [161]1 year ago
4 0

A cashier must accurately check the number of notes and currency; check the authenticity of the notes with a vending machine, and also ensure the offer of receipt to the person.

<h3>What are the roles of a cashier?</h3>

A cashier is someone who handles the daily inflow and outflow of cash in any financial institution. There shall be zero to less fungibility in the work of a cashier.

To ensure that the cash transactions are true and correct, a cashier must take the following safety measures :

  1. Accuracy in number of notes and currencies received throughout the day.
  2. Authenticate the notes and currencies with the help of vending machine.
  3. When a transaction is completed, a cashier must give the receipt of the same to the customer.

Hence, the aforementioned safety measures are to be taken by the cashier while making transactions at a financial institution.

Learn more about cashier here:

brainly.com/question/18637447

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Select the correct answer. who makes decisions regarding changes in the discount rate? a. the president b. the board of governor
Taya2010 [7]

The correct answer is option B.

The board of governors make decisions regarding changes in the discount rate.

<h3><u>What is board of governors?</u></h3>
  • The Federal Reserve System is governed by the Board of Governors, which is based in Washington, D.C.
  • It is governed by seven individuals, known as "governors," who are appointed by the American president and approved in their roles by the American senate.
  • In order to advance the objectives and carry out the duties assigned to the Federal Reserve by the Federal Reserve Act, the Board of Governors directs how the Federal Reserve System is run.
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  • The periods of each member of the Board of Governors are staggered so that one term ends on January 31 of every even-numbered year. Each member is appointed to the position for a 14-year period.

When the Reserve Banks lend to depository institutions and others, as well as when they offer financial services to depository institutions and the federal government, the Board also offers general oversight, direction, and counseling.

Know more about board of governors with the help of the given link:

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Cash dividends paid on capital stock would be reported in the statement of cash flows in a.the Cash flows from investing activit
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Investors analyze this section of the cash flows to know how the capital structure of an organization is managed to further understand the financial strength of the organization.

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