Handling Cash

10 Questions | Total Attempts: 766

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Cash Quizzes & Trivia

This quiz measures test taker's ability to recognize features of US currency, to arrange cash drawer, and to count cash correctly.


Questions and Answers
  • 1. 
    US currency is printed by the Department of Treasury of the United States of America.
    • A. 

      True

    • B. 

      False

  • 2. 
    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.
    • A. 

      True

    • B. 

      False

  • 3. 
    Where does the watermark appear?
    • A. 

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

    • B. 

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

    • C. 

      On the back of the bill.

  • 4. 
    Where do you find the security thread?
    • A. 

      Face of the bill.

    • B. 

      Back of the bill.

    • C. 

      Both sides.

  • 5. 
    The security thread can be seen on either side of the bill by holding it up to the light.
    • A. 

      True

    • B. 

      False

  • 6. 
    Where do you store excess cash that exceeds the working cash drawer limit?
    • A. 

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

    • B. 

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

    • C. 

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

  • 7. 
    What is a hand-in-hand method?
    • A. 

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

    • B. 

      IT REFERS TO COUNTING PREPACKAGED MONEY RECEIVED FROM THE VAULT.

    • C. 

      IT INVOLVES COUNTING CASH THAT IS IN TELLER'S HANDS AS HE/SHE PLACES IT BILL BY BILL ONTO A COUNTER OR TABLE.

  • 8. 
    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.
    • A. 

      True

    • B. 

      False

  • 9. 
    Why do banks strap currency?
    • A. 

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

    • B. 

      To keep the cash vaults and bank overnight vault organized.

    • C. 

      To help bank employees count currency quickly.

  • 10. 
    While dealing with a counterfit currency, you should never:
    • A. 

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

    • B. 

      Give the customer a receipt for the bill, list the face amount, and the serial number of the bill in question.

    • C. 

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