A local gas station has one clerk that accepts cash payments-00192
A local gas station has one clerk that accepts cash payments for gas and rings them up on the cash register. Which one of the following would be the best control to provide assurance that the cashier is not keeping some of the cash?
This multiple choice question (MCQ) is related to the book/course
vu acc501 Business Finance.
It can also be found in
vu acc501 Final Term - Quiz No.3.
A local gas station has one clerk that accepts cash payments for gas and rings them up on the cash register. Which one of the following would be the best control to provide assurance that the cashier is not keeping some of the cash?
Count all cash before and after the shift and compare it to cash register totals
Require that each customer be given a receipt of their purchase
Compare cash register totals to a total that is automatically generated by each gas pump
Each employee should have a separate cash drawer that only they use
