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Cash handling procedure

Forums › FIA Forums › MA2 Managing Costs and Finance Forums › Cash handling procedure

  • This topic has 2 replies, 2 voices, and was last updated 4 years ago by maximus07.
Viewing 3 posts - 1 through 3 (of 3 total)
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  • June 23, 2021 at 4:51 pm #626169
    maximus07
    Participant
    • Topics: 446
    • Replies: 437
    • ☆☆☆☆

    A cash handling procedure is proper post-opening arrangement. Can you please explain sir?

    June 24, 2021 at 4:49 am #626188
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10594
    • ☆☆☆☆☆

    In the ‘old days’ sometimes people would send cash in the post to pay their debts (mad, but having a bank account was not so common 50 years ago). More recently (and still occurring) cheques would be sent. Both as susceptible to theft so it was important for controls to operate over the opening of the post. Usually this simply meant that two people had to be present.

    June 24, 2021 at 9:32 am #626205
    maximus07
    Participant
    • Topics: 446
    • Replies: 437
    • ☆☆☆☆

    Thank you sir.

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  • The topic ‘Cash handling procedure’ is closed to new replies.

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