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Author Question: Explain the basic control standards to safeguard cash and credit card information. What will be ... (Read 36 times)

Davideckstein7

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on: Aug 10, 2018
Explain the basic control standards to safeguard cash and credit card information.
 
  What will be an ideal response?

Question 2

All natural foods, except _______ contain potassium.
 
  Fill in the blank(s) with correct word


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kilada

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Reply #1 on: Aug 10, 2018
Answer to Question 1

The number one rule in controlling cash is to make sure anyone who receives cash is not also able to take a register reading. A manager should be the only person able to void register overrings or mistakes. All transactions should generate a receipt that should be presented to the customer. The bookkeeper or accountant should never handle cash. If the same person has access to the records and cash it makes it very easy for a dishonest person to steal and cover up the theft in the books. Safeguarding credit card information requires being in compliance with the PCI (Payment Card Industry) data security standard, which sets standards pertaining to network security, and the storage and handling of customer credit card data.

Answer to Question 2

Oil


Davideckstein7

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Reply 2 on: Aug 10, 2018
Thanks for the timely response, appreciate it

coreycathey

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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