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Assignment 2, Continued - 14239_216
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Assignment 2, Continued - 14239_218
2-52. All  cash  including  change  funds 2-55. When  moneybags  are  issued  to will  be  collected  from  the the  retail  store  operator,  they retail store at which of the have two keys that come with following  times? each bag.  One is retained by the retail store operator. -  -  -  - 1. At the end of each What  happens  to  the  other  key? accounting  period 2. When  the  retail  store  is 1. closed for 72 hours or more 3. When  the  ship’s  store officer  is  relieved 2. 4. All of the above 2-53. How  will  the  person  making 3. collections  compute  the  total cash  that  should  be  collected? 4. 1. Current  register  reading plus  the  previous  day’s register  reading  minus  any change  fund 2-56. The  combination  to  the  night 2. Current  register  reading depository  safe  is  known  by plus  change  fund  minus  the which  of  the  following previous  day's  register individuals? Retained by the supply officer in a duplicate key locker Kept in a sealed envelope in the ship’s store officer’s  safe Retained  in  the  personal custody of the person making  collections Exchanged each duty day by the  offgoing  and  oncoming duty  supply  officers 2-54. 3. 4. minus  previous  day’s register  reading  plus  the change  fund reading Current  register  reading minus  the  previous  day’s register  reading  minus  any change  fund Current  register  reading When the retail store operator is  delivering  all  cash including  change  funds  to  the cash  collection  agent,  how often,  at  a  minimum,  should  the cash  collection  agent  take  the register  readings? 1. Once  weekly 2. Twice  weekly 3. Three  times  weekly 4. Every day 2-57. 2-58. 1. Disbursing  officer 2. Ship’s  store  officer 3. The  designated  cash collection  agent 4. Both 2 and 3 above When  using  the  night  depository safe,  the  person  making collections  will  take  the  cash register  readings  at  what  time? 1. At the close of business the day the deposit is made 2. At the close of business the following day 3. Before the start of business  the  following  day 4. Before the end of the week A change fund of over $50 may be left in the cash register overnight  if  approved  by  what officer? 1. Disbursing  officer 2. Ship’s  store  officer 3. Type  commander 4. Commanding  officer Learning  Objective: the documents used by the sales outlet  operator  to  account  for cash collected in the ship’s store. 17

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