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MB6-897 · Question #63

You retail store policy states that you cannot have more than $1,000.00 or less than $200.00 in the cash drawer at any given time. You have a busy hour at your store resulting in a $1,200.00 balance…

The correct answer is B. Perform a bank drop for $1,000.00. See the full explanation below for the reasoning.

Question

You retail store policy states that you cannot have more than $1,000.00 or less than $200.00 in the cash drawer at any given time. You have a busy hour at your store resulting in a $1,200.00 balance in the cash drawer. You need to ensure that you are following the store policy. What should you do?

Options

  • APerform a cash return transaction for $1,000.00, then perform a bank drop for $1,000.00.
  • BPerform a bank drop for $1,000.00.
  • CPerform a tender removal for $200.00, then perform a safe drop for $1,000.00.
  • DPerform a float entry of $200.00, then perform a safe drop for $1,000.00.

How the community answered

(53 responses)
  • A
    8% (4)
  • B
    77% (41)
  • C
    11% (6)
  • D
    4% (2)

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