Handling Cash

1. A mutilated note is one that is not clearly more than one-half of the original note and/or in such condition that the value is questionable and special examination is required to determine its value.

True

False

2. What is a hand-in-hand method?

IT REFERS TO A HANDSHAKE THAT TELLER GIVES TO A CUSTOMER.

IT REFERS TO COUNTING PREPACKAGED MONEY RECEIVED FROM THE VAULT.

3. The security thread can be seen on either side of the bill by holding it up to the light.

True

False

4. Where do you store excess cash that exceeds the working cash drawer limit?

On a teller's desk usually above the cash drawer.

In a teller’s working cash vault (or cash reserve) often kept below the working cash drawer.

As you get excess cash during the day, you gradually store it in the bank's overnight vault.

5. Where does the watermark appear?

On the right of the portrait on the face of the bill.

On the left of the portrait on the face of the bill.

On the back of the bill.

6. Why do banks strap currency?

There is no special purpose. It is merely a habit.

To keep the cash vaults and bank overnight vault organized.

To help bank employees count currency quickly.

7. While dealing with a counterfit currency, you should never:

Credit the customer’s account or substitute a new bill. The customer, not the bank, must accept the loss.

Complete a written report for the Treasury Department and send the report and bill to the Secret Service for investigation.

8. Where do you find the security thread?

Face of the bill.

Back of the bill.

Both sides.

9. US currency is printed by the Department of Treasury of the United States of America.

True

False

10. All bills of all denominations have on one side printed the portrait of a specific famous American and on the other side historically significant national building.

True

False