1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zhannawk [14.2K]
2 years 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]2 years 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

#SPJ1

You might be interested in
Flapjack Corporation had 7,712 actual direct labor hours at an actual rate of $12.20 per hour. Original production had been budg
TEA [102]

Answer:

b.$7,172.16 favorable

Explanation:

(standard\:rate-actual\:rate) \times actual \: hours = DL \: rate \: variance

std rate          $  13.13

actual rate  $  12.20

actual hours       7,712

difference between actual and standart rate $0.93

As it is positive the variance is favorable as we spend less per hour than standard.

Now, we multiply by the actual hours to get the rate variance:

7,712 hours x $0.93 = $7,172.16

4 0
3 years ago
Read 2 more answers
Use the following information about the current year's operations of a company to calculate cash provided by operations.Net inco
NikAS [45]

Answer:

Cash from operations:

Net income                                   $100,000

Depreciation Expense                       6,000  

Decrease in Accounts Payable        (5,000)

Increase in Accounts Receivable     (4,000)

Increase in Merchandise Inventory (8,000)

Decrease in Salaries Payable          (2,000)

Cash from operations                   $87,000

Explanation:

a) Data and Calculations:

Net income $ 100,000

Decrease in Accounts Payable 5,000

Increase in Accounts Receivable 4,000

Increase in Merchandise Inventory 8,000

Decrease in Salaries Payable 2,000

Depreciation Expense 6,000

Not an operating activity:

Gain on Sale of Machinery 2,000

b) The gain on the sale of machinery is not an operating activity or a cash flow item.  Cash inflow is recorded when there is a sale of the machinery  and as an investing activity.  Increase in current assets (except cash) are uses of fund together with decreases in current liabilities.

5 0
3 years ago
4. Noah paid all of his bills and put a bit of money in savings for the month. He has a little bit of money left-over to spend o
Semenov [28]

Answer:

Disposable Income

Explanation:

dis·pos·a·ble in·come

/dəˈspōzəbəl ˈinˌkəm,dəˈspōzəbəl ˈiNGˌkəm/

Learn to pronounce

noun

income remaining after deduction of taxes and other mandatory charges, available to be spent or saved as one wishes.

"the rents of tenants in work reached 21 percent of disposable income"

6 0
3 years ago
After finishing college, Nathan joined his uncle's company in Miami, FL, a(n) _______ of bauxite, copper, and other minerals fro
kiruha [24]

Answer:

importer

Explanation:

Importer -

It refers to the person or an organization , which is responsible to get the goods and services from one country to another for the sale purpose , is referred to as an importer .

The process of importing enables to use the goods produced by some other country , which can not be manufactured in that country .

Hence , from the given scenario of the question ,

The correct answer is importer .

7 0
3 years ago
Why do lenders require collateral for a secured loan? (10 points)
Vanyuwa [196]

Answer:

A) It reduces risk to the lender

Explanation:

Collateral refers to a valuable asset that a borrower offers to the lender to secure a loan. Typically, the collateral will have a higher market value than the loan amount. Asset mostly used as collateral include homes, properties, and motor vehicles. The lender will keep custody of the title documents until the borrower repays full amount borrowed.

Offering collateral for a loan indicates the borrower's willingness to repay the loan. The lender is assured of recovering their money. If the borrower defaults, the lender will dispose of the collateral to recover their money. This reduces the lender's risk.

6 0
3 years ago
Other questions:
  • The market for insurance is one example of reducing risk by using diversification.
    10·1 answer
  • Korte Company reported the following information for 2014:
    8·1 answer
  • ​the first thing you should do after an interview is to contact your references.
    10·1 answer
  • Lisa Smith decided to start her CPA practice as a professional corporation, Smith CPA, PC. The corporation purchased an office b
    12·1 answer
  • "The direct method for preparing and reporting the statement of cash flows reports net income and then adjusts it for items nece
    12·1 answer
  • Planters Bank pays 5 percent simple interest on its savings account balances, whereas Centura Bank pays 5 percent compounded ann
    8·1 answer
  • Many consumers correlate price with quality, thinking that the higher the price, the better the quality. For these consumers, al
    14·1 answer
  • If your 2 brothers are fighting how do u get them to stop
    11·2 answers
  • The purchase agreement should not disclose all of the conditions and terms of the sale.
    5·1 answer
  • Which options are SmartArt categories? Check all that apply.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!