A cash register that usually holds about $150 currently has $500 in it. What would be a good idea?
A.
POS
B.
Cash drop
C.
Make change
D.
Cash freeze
B. Cash drop
A cash drop is the process of removing the excess cash from a cash register and storing it in a secure location. In this scenario, where the cash register is holding much more than its usual amount, it would be a good idea to perform a cash drop to ensure the safety of the extra money. This helps prevent potential theft or loss and maintains proper cash handling procedures.
The correct answer would be option B, Cash drop. A cash register that usually holds about $150 but currently has $500 in it indicates that there is an excess amount of cash and it would be a good idea to remove some of it from the register.
To perform a cash drop, you would follow these steps:
1. Prepare a secure deposit bag or envelope, ensuring it is sturdy and tamper-evident.
2. Count the excess cash in the register, which in this case is $500.
3. Place the excess cash into the deposit bag, making sure to handle it securely.
4. Seal the deposit bag and write down relevant information such as the amount, date, and any other necessary details.
5. Safely store the deposit bag in a secure place until it can be processed by the appropriate personnel, such as a manager or a designated cash handler.
Performing a cash drop automatically reduces the amount of cash held in the cash register, bringing it back to its normal level of around $150. This helps maintain the security of the register, reduce the risk of theft, and ensure that appropriate change is available for future transactions.
B. Cash drop
A cash drop is a procedure where excess cash is removed from a cash register and securely stored in a safe or lockbox. In this scenario, the cash register currently holds $500, which is significantly more than the typical amount of $150. Implementing a cash drop would be a good idea to remove the excess cash from the register and reduce the risk of theft or loss.