Cash Controls Challenge

Froggy Jumps

Jugadas 22

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Sobre esta actividad

Test your knowledge on cash controls and banking procedures in this fun quiz game!

Creada por

Janelle Vernon

Panamá

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Top 10 resultados

#	Jugador	Acierto	tiempo
1	Rene Martinez 1 de Mayo de 2025	% 100	00:39
2	Jordan 5 de Junio de 2025	% 93	01:37
3	Amir Jbara 15 de Mayo de 2025	% 60	01:59

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Cash Controls Challenge


Froggy Jumps Cash Controls ChallengeVersión en línea Test your knowledge on cash controls and banking procedures in this fun quiz game! por Janelle Vernon 1 What is the primary purpose of cash controls? a To reduce expenses. b To increase sales. c To prevent theft and fraud. 2 Which document can be essential for cash handling procedures? a Cash handling policy. b Sales report. c Inventory list. 3 What is segregation of duties? a Employee performance review. b Daily cash count. c Separate responsibilities for cash handling 4 Who should be responsible for cash handling? a Trained staff only. b Management only. c Any employee. 5 What should be done with excess cash? a Deposit it in the bank. b Keep it in the register. c Distribute among staff. 6 What is dual authorization? a A cash reserve for emergencies. b The list of people who can authorize transactions c At least 2 people are required to authorize cash transactions 7 Why is it important to document cash transactions? a To impress customers. b To reduce taxes. c To maintain accurate records. 8 Important controls to protect cash a Segregation of duties b Regular Audits and dual authorization c Both 9 What should be done if cash discrepancies occur? a Investigate immediately. b Report to the CEO. c Ignore them. 10 Who should have access to the safety deposit and cash ? a All accountants b Management c Designated Personnel 11 What is Theft? a Misappropriation of funds b Taking property without permission c Falsifying signatures 12 What is Embezzelment a Misappropriation of funds by someone trusted to manage them. b Falsifying signatures or documents to gain access to funds. c Taking property without permission. 13 What is cash larceny? a Misappropriation of funds b Taking property without permission c Theft of cash that has already been recorded in the books 14 Requirement to Opening a Checking Account a Signature card to verify authorized users. b List of personnel c Maintain accurate records of all bank transactions. 15 What is a Check? a A written document used by businesses b Adding money to a bank account. c A written order directing a bank to pay money.

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Cash Controls Challenge

Froggy Jumps

Sobre esta actividad

Creada por

Descarga la versión para jugar en papel

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Cash Controls ChallengeVersión en línea

por Janelle Vernon

What is the primary purpose of cash controls?

Which document can be essential for cash handling procedures?

What is segregation of duties?

Who should be responsible for cash handling?

What should be done with excess cash?

What is dual authorization?

Why is it important to document cash transactions?

Important controls to protect cash

What should be done if cash discrepancies occur?

Who should have access to the safety deposit and cash ?

What is Theft?

What is Embezzelment

What is cash larceny?

Requirement to Opening a Checking Account

What is a Check?