Proper Control for Over-The-Counter Cash Receipts Includes

question 2

Multiple Choice

Proper control for over-the-counter cash receipts includes

• A) a cash register with totals visible to the customer.
• B) using electronic cash registers with no tapes.
• C) placing each customer deposit in a separate envelope.
• D) placing each customer deposit in a safety deposit box.

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Definitions:

Work Sampling

A method used to estimate the proportion of time spent by workers on different activities, through random observations over a period of time.

Stopwatch Study

A time measurement technique used to observe and record the time taken to perform a specific task, often for the purpose of improving operational efficiency.

Adequate Sample

is a sample size considered sufficient for statistical analysis, ensuring the results are reliable and reflective of the whole population.

Work Measurement

The process of determining the time required by a qualified worker to carry out a defined task under specified conditions.