The Clerk Who Has Access to the Cash in the Cash

question 130

True/False

The clerk who has access to the cash in the cash register should not have access to the register tape or file.

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Definitions:

Insurance Premiums

The amount paid periodically to an insurance company by the insured for coverage under an insurance policy.

Insurance Premiums

Payments made to an insurance company to buy and maintain an insurance policy, typically paid monthly, quarterly, or annually.

Deductible

A deductible is an amount paid by an insured party before the insurance company covers the remaining costs of a claim.

Dependent

A person, often a child or elderly family member, whose livelihood and financial support are largely provided by someone else, typically a family member.